Wall Street The session on Monday has ended with profits, led by Dow Jones (Dow Jones: +0.85%; S&P 500: +0.64%; Nasdaq: +0.31%) After closing its most bearish week since 2023, despite the rebound last Friday. He S&P 500 It has already lost 10% since its historical maximum. However, Scott BesentSecretary of the United States Treasury, he commented in an interview with 'NBC' that «We are restarting and putting things on a sustainable path«, since» current public spending levels are unsustainable. «And he added that»There are no guarantees«That there will be no recession in the US.» What I can guarantee is that we would have had a financial crisis. I have studied it, I have taught it, and if we had maintained these expenditure levels, everything would be unsustainable. We are readjusting and leading things towards a sustainable path«He said. On the fall of Wall Street in recent weeks, Bessent, an investment banker with great experience, explained that» I have 35 years in the sector of investment and I can assure you that corrections are healthy. They are normal. «What is not healthy is directly that euphoric markets are produced. This is how a financial crisis occurs. It would have been much healthier if someone had stopped in 2006 or 2007. We would not have had the problems of 2008, «he added. He also commented that» the markets do not worry me. TO long termif we implement a good fiscal policy, deregulation and energy security, markets will have excellent performance. »
Federal Reserve Meeting
In this scenario, it will be interesting to know what the United States Federal Reservethat will meet from Tuesday and Wednesday will decide on interest rates. However, a Very cautious central bankthat he will repeat that he is in no hurry to lower interest rates, waiting for more clarity about Donald Trump's commercial policy. We remember that the American administration will publish the April 1 its list of reciprocal tariffs to all its commercial partners, which will enter into force the April 2. Therefore, the Fed will not change his current 'wait and see' Until it clarifies how tariff war evolves.
Trump will talk to Putin
At the geopolitical level, The United States is bombing Yemen To end the attacks on commercial ships of the hutis in the Red Sea. Trump has raised the pressure on Iran by pointing out that the Persian country «will be responsible and will suffer the consequences «of each shot of the rebels. On the other hand, Trump has commented that He plans to speak with Putin This Tuesday, and expects the Russian President to accept the fire, as the first step to end the Ukraine War.
Economics, companies and other markets
From the economic point of view, the agenda on Tuesday has included the Retail sales What have 0.2% rise in Februaryaccording to data published by the US Trade Department. In this way, the indicator expands again after falling 1.2% in January, although worsen the expectations of consensuswhich anticipated an advance of 0.7%. Currently business, Pepsic has signed a definitive agreement for Acquire the prebiotic soft drinks Poppi for 1,950 million dollars.
Netflixon the other hand, it has risen 3.49% on Wall Street after analysts of Moffetnathanson They have raised their recommendation From 'neutral' to 'buy' and Improved its objective price up to $ 1,100 per share From the previous 850 dollars, which implies that the company's titles can rise around 20% from its current level. On the opposite side, it has been Teslathat has fallen 4.82% after analysts of Mizuho Securities have reduced its target price to 430 dollars per share from the 515 dollars per previous title in the middle of the weak sales of the manufacturer of electric vehicles. In other markets, oil Brent has advanced 0.58% ($ 70.99), euro 0.36% ($ 1,0919) has been appreciated, and ounce of gold has rebounded 0.20% ($ 3.007). In addition, the 10 -year American Bonus Profitability It has relaxed 4,306% and the Bitcoin has added 1.70% ($ 84,500).
