Mike Wu: Why did the U.S. stock market hit a new high, but the prices of American luxury houses fell for nearly a year?

category:Finance
 Mike Wu: Why did the U.S. stock market hit a new high, but the prices of American luxury houses fell for nearly a year?


What is the road of Chinas economic recovery? Where will the economy go in the second half of the year?

The Changsheng time and direction conference will gather seven heavyweight sharing officers to broadcast live for 5.5 hours from 13:00 to 18:30 on July 7 to grasp the investment direction in the second half of 2020.

Mike Wu, one of the distinguished investors, has long been concerned about US stocks. He thinks that there is a clear danger signal for US stocks. Dont think it must be a big bull market, not so sure.

The U.S. stock market has reached a new high, but the house prices of luxury houses in the United States have fallen for almost a year. The housing market in Manhattan is now falling both in volume and price. In his opinion, the wind vane of house prices is New York, San Francisco and Los Angeles. He was shocked when the middle price of New York fell below $1 million in June. This time its more out of order than in 2000, 2008, two rounds.

Spring River warm duck prophet, New York luxury market is the most sensitive to the stock market. So is it a matter of confidence in US stocks?

On July 7th, Mike Wu will give you the answer.

Source: Netease Financial Editor: Chen Hequn_ NB12679