Good Luck Post: The main event of this week will finally arrive Friday, with Federal Reserve Chairman Yellen Yallen speaking ahead of the latest economic seminar held by the Fed in Jackson Hole, Wyoming.
Yellen 's remarks are expected to be financial stability, often referred to as the Fed's "third mission", and the benchmark expectation is that Yellen will not take advantage of this opportunity to propose any plans for Fed policy in the coming months.
In Yellen's speech this week, the topic of discussion is also the possibility of Yellen's final speech as the Fed's chairman at the annual seminar, as her term expires in February, and President Donald Trump has not yet made clear that he intends to nominate Yellen as his second Fed chairman.
If Trump refuses to nominate Yellen for the second term, she will be the third chairman of the Federal Reserve since 1934, serving as a senior central bank.
On Friday's calendar, we will receive a July durable goods order report in the morning, which is expected to decline significantly from last month. The earnings calendar will be open as no major companies expect to report results.
Since Wilma hit Florida in October 2005, the market will also focus on Gulf of Mexico , Harvey Hurricane has now become the largest hurricane, namely storms with intensity 3 or higher.
As of Thursday afternoon, the National Hurricane Center is forecasting that Harvey is approaching the Texas coast with a time of 125 mph and is expected to land on Friday night. In certain areas along the Texas coast, more than 20 inches of rain are expected.
Amazon (AMZN) will close its deal on Monday to buy Whole Foods (WFM), thus starting a new era of selling food for online retail giants.
A report released Thursday noted that in the initial changes in Whole Foods, Whole Foods are priced below so-called “grocery stores” including “full trade bananas, organic avocados, organic large brown eggs, organic produce” salmon and tilapia, organic baby and small lettuce, animal welfare grade 85% lean beef, cream and crispy almond butter, organic dinner and Fuji apple , organic barbecue chicken, 365 daily organic butter” and so on.
Amazon will also be the All-US Food Rewards Program, with Amazon lockers set to be launched in some stores. Amazon stock short sells.
Among other merchants, Kroger (KR) fell 6%, Overpriced Store (SVU) fell 7%, Target Store (TGT) fell 4%, Costco (COST) fell 3%, and CVS (CVS) fell nearly 3%.
Of course some may notice that investors in these stocks know that a deal is coming, why sell these stocks? In fact, these stocks have fallen after the initial announcement of the deal.
However, this action shows that the main driving force that motivates Amazon’s trade is now fear-worry that Amazon’s plans will target companies or industries in a more punishing way than previously thought.
Maybe investors don't think Amazon trading will be closed for several months. Maybe some people don't want Amazon to quickly reduce prices. Maybe it's surprising that Amazon has integrated the whole food into its main services so quickly.
Good Luck Post Wealth Wind Cloud Original, please indicate the following when reprinting (unnoted, all plagiarists will be reported)
Author: Good Luck Post
Source: Good Luck Post Wealth Wind Cloud Official Account
The most worthy of attention is WeChat official account, one step ahead to grasp the industry trends.
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-