GDP data is about to be released, market bulls and bears at odds
Tonight at 8:30 PM, the U.S. first quarter GDP data will be released, and market attention is very high, as this will determine the short-term market direction.
Currently, market expectations have been adjusted down to 0.3%, indicating a lack of confidence in economic growth.
If the released data exceeds 2.4%, concerns about a recession will dissipate, and U.S. stocks are likely to rise.
If it is between 1%-2.4%, it indicates slow economic growth in the U.S., with a possibility of a soft landing, and market sentiment will be relatively stable.
If it is between 0.3%-1%, meeting market expectations, it is a minor positive, but confidence in a soft landing is still lacking.
If it is between 0-0.3%, below market expectations, but at least still growing, the market will see intense competition between bulls and bears, maintaining a volatile trend, and the market will need interest rate cuts or policies to boost it.
If it is between 0 to -1%, it indicates negative growth in the U.S. economy, recession expectations will intensify, U.S. stocks may decline, and the probability of an interest rate cut by the Federal Reserve in June will increase.
If it is below -1%, it is considered a significant negative, market panic will escalate, unless the Federal Reserve or the White House intervenes urgently, U.S. stocks may plummet.
There will be proactive positioning, sharing without permanence, leading without permanence, comment 111🚗
