Monday, March 30, 2020

Month And Quarter End Buying May Have Been Supporting Market 月尾和季度末买盘可能支持着市场

Evening Stock Index Futures are up about 0.7%. The stronger than expected China's March PMI may have helped.




。Latest COVID-19 statistics:

Global cases: More than 790,111
Global deaths: At least 39,881
US cases: At least 163,932
US deaths: At least 3,138

。Stocks rose on Monday, building on a strong rally from last week as the U.S. extended measures to contain the coronavirus outbreak. The Dow Jones Industrial Average was up 690.70 points, or 3.2%, at 22,327.48. The S&P 500 climbed 3.4% to 2,626.65 while the Nasdaq Composite closed 3.6% higher at 7,774.15. Tech stocks such as Microsoft, Alphabet and Amazon led the way higher for Wall Street. Microsoft jumped 7% while Alphabet and Amazon climbed 3.3% and 3.4%, respectively.  ---CNBC



。Investors should be buying individual stocks, not indexes because there is still more coronavirus-driven volatility ahead, economist Mohamed El-Erian told CNBC. “If you feel it’s the all clear, go out and buy the index ... I don’t think we’re there yet,” the chief economic advisor at Allianz said on “Squawk Box.” El-Erian said investors should sell companies that could go bankrupt and buy those with “rock-solid balance sheets.”  He also said quarter end asset rebalancing is going to help the stock market in the next few days.  And the sell everything moment has passed。---CNBC

。“Right now, risk assets are pricing in a V-shape recovery,” said Dave Albrycht, chief investment officer at Newfleet Asset Management. “Now, do I believe that’s going to happen? I think that’s highly dependent on whether they come up with some type of vaccine, how long does this go on for and whether people start going back to work once this peaks.” ---CNBC

。China announced March Manufacturing PMI 52.0, exp. 44.8 and up from 35.7. The 50+ print means China is now solidly back in expansion; even more laughably, this was the highest print since September 2017. Non-manufacturing PMI 52.3, exp. 42.0, and up from 29.6. This print is also well in expansion. ---Zero Hedge



。Economist Stephen Roach believes the country is sinking into an unprecedented recession. Roach, who’s former chairman of Morgan Stanley Asia, warns the coronavirus is spiraling the United States into a downturn that’ll be difficult to exit. “This is a sudden stop in the U.S. economy. The hope is we’ll get through this. But it’s at least two quarters of the sharpest declines we’ve seen since the end of World War II,” the Yale University senior fellow told CNBC’s “Trading Nation” on Monday. ---CNBC

。Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, told reporters on Monday that it is likely there will be another coronavirus outbreak in the fall. “In fact, I would anticipate that that would actually happen,” said Fauci, who is a key member of the White House's coronavirus task force.----CNN

。President Donald Trump and members of his administration have discussed whether to impose a nationwide stay-at-home order to slow the spread of the coronavirus. That option is “pretty unlikely, I would think, at this time,” Trump said.Trump’s remarks came a day after the White House extended its “social distancing” guidelines through April 30 – weeks after he had previously suggested businesses might be able to reopen.---CNN






。晚间股指数期货上涨约0.7%。 中国3月份PMI的强于预期可能有所帮助。



。最新的COVID-19统计信息:

全球案例:超过790,111
全球死亡人数:至少39,881
美国案件:至少163,932
美国死亡人数:至少3138

。由于美国延长了遏制冠状病毒爆发的措施,周一股市上涨,继续了上周强劲反弹。
道琼斯工业平均指数上涨690.70点或3.2%,至22,327.48。 标普500指数上涨3.4%至2,626.65点,纳斯达克综合指数上涨3.6%至7,774.15点。 微软,Alphabet和亚马逊等科技股领涨华尔街。 微软上涨了7%,而Alphabet和亚马逊分别上涨了3.3%和3.4%。 --- CNBC




。经济学家穆罕默德·埃里安(Mohamed El-Erian)告诉CNBC,投资者应该购买个股,而不是指数,因为未来还会有更多由冠状病毒引起的波动。 安联首席经济顾问在“ Squawk Box”上说:“如果您感觉事情已经过去,那就买入指数……我认为我们还没有达到到个地步。” 埃里安·埃里安(El-Erian)表示,投资者应卖可能破产的公司,并购买拥有“坚如磐石的资产负债表”的公司。 他还表示,季度末资产再平衡将在未来几天内帮助股市。 抛售一切的时刻已经过去。---CNBC

。Newfleet Asset Management首席投资官Dave Albrycht表示:“目前,风险资产正在以反映V型复苏。” “我相信这会发生吗? 我认为,这在很大程度上取决于他们能否发展出某种类型的疫苗,病毒的散发将持续多长时间以及一旦达到高峰,人们是否会重新开始工作。” --- CNBC

。中国宣布3月制造业PMI 为52.0,预期为44.8,二月份为35.7。 这是自2017年9月以来的最高记录。非制造业PMI 52.3,预期为 42.0,二月份为29.6。---Zero Hedge




。经济学家史蒂芬·罗奇(Stephen Roach)认为,美国正陷入前所未有的衰退。 摩根士丹利亚洲区前董事长罗奇(Roach)警告说,冠状病毒正在使美国陷入衰退,这将很难退出。 “这是美国经济的突然停顿。 希望我们能解决这个问题。 但是,这至少是自第二次世界大战以来我们看到的最大跌幅的两个季度,”耶鲁大学高级研究员周一告诉CNBC的“交易国家”。 --- CNBC

。美国国家过敏和传染病研究所所长安东尼·福西博士周一对记者说,秋天很可能还会爆发冠状病毒。 白宫冠状病毒特别工作组的重要成员福西说:“实际上,我预计那将会发生。”---CNN

。唐纳德·特朗普总统及其政府成员讨论过是否要在全国范围内实施在家禁令,以减缓冠状病毒的传播。 特朗普说,这种选择“目前看来不太可能。”特朗普发表上述言论是在白宫将其“社会疏离”准则延长至4月30日的第二天,他此前曾暗示企业可能提前重新开放.-- CNN





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