“Weekend thoughts: If the Fed's ‘hawkish’ candidate is confirmed, what is the transmission path to Hong Kong and US stocks?”

Analyzes the differentiated impact of recent hot topics like the Fed Chairman nomination on different markets.

“If Warsh takes the helm at the Fed, the ‘Higher for longer’ expectation strengthens. Deduction path:

1) US stocks: Valuations under pressure, but giants with strong cash flow are resilient;

2) Hong Kong stocks: Liquidity suppressed, but interest rate-sensitive sectors like domestic real estate and finance face greater pressure;

3) Gold: Short-term pressure, but as a hedge against US dollar credit, the long-term logic is stronger.

The market will swing between ‘tightening anxiety’ and ‘economic resilience.’

#Fed #MacroStrategy”