Nvidia Vs Federal Reserve: Who's Steering The Market?
Nvidia Vs Federal Reserve: Who's Steering The Market?
In a recent discussion on CNBC's Last Call, anchor Brian Sullivan posed an intriguing question to Michael Farr of Farr, Miller & Washington: "What do you think is more important to the macro-market: NVIDIA (NASDAQ:NVDA) or the Federal Reserve?"
在最近關於CNBC的《最後一次通話》的討論中，主播布萊恩·沙利文向法爾、米勒和華盛頓的邁克爾·法爾提出了一個有趣的問題：“你認爲對宏觀市場更重要的是什麼：NVIDIA（納斯達克股票代碼：NVDA）還是聯儲局？”
What Happened: The question, though asked with a touch of humor, sparked a discussion on the differing impacts of the tech giant and the central bank on the market. Farr, initially laughing at the question, quickly distinguished between the two. "Nvidia is a completely different story," he said.
發生了什麼：這個問題雖然問得有點幽默，但引發了關於這家科技巨頭和央行對市場的不同影響的討論。法爾最初是在嘲笑這個問題，但很快就區分了兩者。他說：“英偉達是一個完全不同的故事。”
Nvidia has been a standout performer, with its stock soaring 91.74% year-to-date, significantly outperforming major ETFs like the SPDR S&P 500 ETF Trust (NYSE:SPY), Invesco QQQ Trust (NASDAQ:QQQ), and the iShares Semiconductor ETF (NASDAQ:SOXX). This follows an impressive 240% surge in 2023.
英偉達一直表現出色，其股票今年迄今已飆升91.74％，表現明顯超過SPDR標準普爾500指數ETF信託（紐約證券交易所代碼：SPY）、景順QQ信託（納斯達克股票代碼：QQQ）和iShares Semiconductor ETF（納斯達克股票代碼：SOXX）等主要ETF。在此之前，2023年激增了240％，令人印象深刻。
Farr emphasized that although Nvidia symbolizes an impressive technological and investment narrative, the Federal Reserve occupies a pivotal position in the wider economic context.
法爾強調，儘管英偉達象徵着令人印象深刻的技術和投資故事，但聯儲局在更廣泛的經濟背景下佔據着舉足輕重的地位。
Farr highlighted that the Fed controls the money, emphasizing its substantial impact on consumer behavior and economic stability. He noted that the current concern revolves around consumer spending, indicating that a lack of consumer expenditure poses a challenge for the Fed in effectively managing the economy.
法爾強調說，聯儲局控制了這筆錢，強調了它對消費者行爲和經濟穩定的實質性影響。他指出，當前的擔憂圍繞着消費者支出，這表明消費者支出不足對聯儲局有效管理經濟構成了挑戰。
Farr described the Fed's current stance as having "one foot on the gas, one foot on the brake," indicating a cautious and balanced approach in its monetary policy. He suggested that the Fed might remain silent for a while as it navigates this delicate balance.
法爾將聯儲局目前的立場描述爲 “一隻腳踩油門，一隻腳踩剎車”，這表明其貨幣政策採取了謹慎而平衡的方針。他表示，聯儲局在保持這種微妙的平衡時可能會保持沉默一段時間。
Additionally, the initial results of the poll on X by CNBC indicated that 47.4% of respondents believe that Nvidia has more influence over the macro-market, while 52.6% of respondents believe that the Fed dominates the macro-market.
此外，CNBC對X的民意調查的初步結果顯示，47.4％的受訪者認爲英偉達對宏觀市場的影響力更大，而52.6％的受訪者認爲聯儲局在宏觀市場中佔據主導地位。
What's more important to the market?
— Last Call (@LastCallCNBC) May 22, 2024
對市場而言，什麼更重要？
— 最後一次通話 (@LastCallCNBC) 2024 年 5 月 22 日
Why It Matters: Nvidia's recent success has been remarkable. The company reported a beat-and-raise first quarter and announced a 150% dividend hike and a 10-for-1 stock split. This news, along with the company's overall performance, has led to a surge in Nvidia's stock.
爲何重要：Nvidia最近的成功非常出色。該公司報告了第一季度漲跌互現，並宣佈將股息上調150％，股票分成10比1。這一消息，加上公司的整體表現，導致Nvidia的股票飆升。
Additionally, the Biden administration has expressed support for an independent Federal Reserve, amid alleged plans by former President Trump to control U.S. monetary policy. This has added an extra layer of significance to the ongoing discussions about the Federal Reserve's role in the economy.
此外，拜登政府表示支持獨立的聯儲局，因爲前總統特朗普據稱計劃控制美國的貨幣政策。這爲正在進行的關於聯儲局在經濟中的作用的討論增添了額外的意義。
Meanwhile, the Fed's recent minutes have raised the risk of 'higher-for-longer' interest rates, a factor that could potentially impact the market in the near future.
同時，聯儲局最近的會議紀要增加了 “長期更高” 利率的風險，這一因素可能會在不久的將來影響市場。
Image Via Pixabay
圖片來自 Pixabay
This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
該內容部分是在Benzinga Neuro的幫助下製作的，並由Benzinga編輯審查和出版。
譯文內容由第三人軟體翻譯。