More Market Correction To Come 更大的市场调整即将到来

Fed Chair Powell is less than his recently dovish self. Signaling that they will "monitor," Powell added that "damage arises when policy bends to political interests" seemingly signaling a more hawkish bias than the market's greed requires. St.Louis Fed President Jim Bullard - and uber-dove - has apparently decide to distance himself from going 'full-Kashkari' (Minneapolis Fed chief Kashkari wants a 50bps cut) by noting while "it seems like a good time for an insurance rate-cut," the situation "doesn't call for 50bps." ---Zero Hedge


Talks by both Federal Reserve Chairman and St Louis Fed President are interpreted as hawkish by the market and the White House is indicating US-China trade talk agreement is not expected this week are causing the dumping of stocks by investors today. Weakness in top stocks FB, AMZN, AAPL, NFLX, GOOG and MSFT pretty much guarantees more downside to come near term. Nasdaq Composite supports are its 50 day moving average at 7862 and 20 day moving average at 7761.

美联储主席鲍威尔不及他最近的鸽派自我。鲍威尔表示他们将“观察”情况，他表示，“当政策向政治利益倾斜时，损害就会出现”似乎表明了一种比市场贪婪要求更鹰派的偏向。鸽派圣路易斯联邦储备银行总裁吉姆·布拉德（Jim Bullard）显然决定让自己远离“完全的卡什卡里”（明尼阿波利斯联邦储备银行行长卡什卡里希望利率降低50个基点），并指出“现在是减息做保险的好时机”，但“情况”不要求50个基点。“ --- Zero Hedge



今天美联储主席和圣路易斯联储银行总裁的谈话被市场解释为鹰派及白宫表示美中贸易谈判预计本周也不会达成协议降低了投资者对股票的兴趣而导致股票被抛售。 FB，AMZN，AAPL，NFLX，GOOG和MSFT等龙头股的疲软可以说已保证了近期市场的下跌。纳斯达克综合指数支撑位为50天均线7862点和20天均线7761点。