07-05-2022, 12:29 PM
The US stock price is way too high compared to many other countries. With the QEs, big institutional investors, instead of lending the money to the people, are pouring their money to buy stocks. Fed's monetary tightening will reverse the trend as they will squeeze the liquidity and pull the money out of the institutional investors to destroy them. For this reason, we should see new lows in the stock market being created. This will be good for the market if the retail investors are not scared away at the same time.
Trading Economics: In China, employed persons refer to who performed some work for one hour during the reference period.