American stock indexes advance with three records records

Investors continue to accumulate in stocks, without deterrence by closing the government or shaky job data, as the three standards recorded record levels on Thursday.

With the Senate not meeting yesterday because of Yom Kippur, the United States government remained closed for the second day. Treasury Secretary Scott Bessin CNBC said On Thursday, this economic growth may take a “blow” due to the closure. Investors seem to have rejected these concerns.

The job market looks already completely troubled, at least In terms of new closure.

Employment fell from one year to another by 58 % from the same period last year, to become its lowest level since 2009, based on data from Challenger and Gray & Christmas.

But the level of the unemployed remained 4.34 %, according to Nassabi A new set of data indicators It was collected by Federal Reserve Chicago. This is the echoes of the Fed Jerome Powell’s chair a description The economy is as “low fire, low rental.”

Grant, these numbers are not from the Ministry of Labor. We correct a picture from different sources. This is similar to trying to re -create the famous white truck sauce for halal truck trucks in New York, but it ended with normal munists – but it still spreads some value in the absence of the real thing.

The markets take all of this in their steps because they expand new tops. Joining the party was the most valuable companies in the world, NafidiaWhich was ever struck. IntelAlthough it is still far from its height in 2021, it also rose 50 % gains for investors during the past month Amid a series of successful connection.

Tom Lee, head of research at Fundstrat, expects that S & P 500 Be able to It reaches 7000 by the end of the year. With the emergence of non -turbulent markets, this may soon turn if there is nothing dangerous in the way of bulls.

Retailing rush in private markets worrying for institutional investors: “larger issues on the road”

For decades, private markets were to maintain pension boxes, stand and sovereign wealth giants. Now, this uniqueness fades. More wealthy individuals are invited to a club dedicated to long-term investments from large institutions-and this is feathers.

During the summit of the Milken ASIA Institute held in Singapore, experts warned that retail flows can distort prices, erode returns and destabilize the structures of the funds designed for long -term investments or patient’s capital.

– Lee Ying Chan