11.2 Daily Outlook
Let's take a quick look at the macro situation today. There were no surprises at last night's FOMC meeting. No rate hike in November has long been priced in by the market. Powell's hawkish remarks at the meeting continued to be the same old clichés, saying that the goal of lowering to 2% is unwavering and that inflation is still very annoying. He talked for a long time.
What really surprised me was the current probability pricing of whether there will be a rate hike in December on CMEgroup. At present, the most likely direction is no rate hike, which is interesting. Considering that the rate hike has been suspended for two consecutive times, if there is no rate hike in December, then Q4 of this year will be a very comfortable assist environment. Although the era of high interest rates will last at least until June next year, the narrative of no rate hike is ultimately better than another rate hike, even if it is just a placebo effect.
In the crypto world, UNI made a rare jump. Combined with the visual sense that Sushi moved first, the Defi sector can pay attention to some stocks that have not yet made up for the rise but have solid business and strong internal strength, such as CRV and so on.
