The Stock Exchange in New York has suffered a few strokes in recent days, associated with Trump customs, seasonal components, but also by concern that American consumers give in.
In the history of the American Stock Exchange, in a post-election year, the worst month of the year is averaged and the red color was seen, although it rose in the first half of the month. S & P 500 reached the record height in March 19, and then, in the midst of increasing volatility, a turn and decline below a psychologically important limit of 6000 points. In the last week, this index (with a decline in the four percent information technology sector) lost percentage, after significantly higher losses were mitigated by encouraging completion of trading on Friday. Investors first reacted negatively to the dispute between Trump and Zelenia, and then ignored this diplomatic end.
Recent macroeconomic data in the US are mixed. The January PCE index price for personal consumption expenditures, the most important fades of inflation measures, increased 2.5 percent on an annual basis. In December, PCE inflation was 2.6 percent. The worrying January drop in consumption was 0.2 percent compared to December, ie 0.5 percent when inflation considered. This is the biggest decline since February 2021, SEEbiz reports. Since consumers contribute with two-thirds of the US GDP, such guidelines are worrying. Bad news arrives from the real estate market. The sale of used houses fell to the lowest point in two decades, and more duties on steel and aluminum raise the prices of real estate even more. Meanwhile, Freddie Mac, one of the key players in mortgage loans, warns that the number of debtors who are late with the repayment of the war even greater than during the 2008 financial crisis.
Growing pessimism is also visible in small investors. In the week until 27. February, according to the research of the U.S.’s retail investor association, only 19 percent of private investors were optimistic, which is at least two years. More than 60 percent were “bears” (ie investors who expect a decline in stock prices in the next six months). That excitement spurred and the values of some shares that have now been grown, and now they are far from the records: Bitcoin Rudar Cleanspark stepped away from more than 60 percent, Tesla (Market value below trillion dollars) for 40 percent, more than 30 percent, Nvidia for almost 20 percent. It did not help nvidia’s announcement of a strong three-month profit (+ 72% compared to the previous year) and revenue ($ 39.3 billion; + 78%).
The Chinese “Low-Cost player” does not now have a negative impact on the Nvidia, indicate the lower gross margin, which Nvidia envisions for the current quarter, and the analysts expected several percentage points more), and a slower growth of the data segment income. The shares of Nvidi fell on Thursday (the day after the announcement of the results) more than eight percent, what the market capitalization of the chips necessary for artificial intelligence fell below $ 3 trillion (only Apple remained above that border). The first man of Nvidi, Jensen Huang, spoke very optimistic about the Blackwell Chip (who contributed to $ 11 billion in total) and claims that he rides incredibly high demand.
