Bitget Analyst Lewis Huang Warns Nasdaq Faces Defense Amid Strong Jobs and Inflation Data
2026-06-16 20:39

Data compiled by Woofun AI shows Bitget CFD Chief Analyst Lewis Huang highlighted a 'Perfect Hawkish Scenario' during the 'Fed Decision Countdown' live stream. He noted that non-farm payrolls surged by 172,000, significantly exceeding forecasts, while CPI rose to 4.2% and PPI to 6.5%. This combination of robust labor data and intensifying inflation pressures has dismantled prior rate cut expectations, reinforcing the Federal Reserve's hawkish posture and posing headwinds for high-valuation tech stocks like Nasdaq.

Huang characterized the upcoming policy decision as aligned with Kevin Warsh's anti-inflation stance, signaling a potential 'Higher for Longer' environment. He advised traders to monitor the Fed's statement for references to structural inflation risks and upward adjustments in the long-term neutral interest rate. Strategically, Huang suggested that U.S. bond yields are likely to rise, supporting long positions in the Dollar Index (DXY) while exposing Nasdaq to severe tests from rising real interest rates, necessitating defensive positioning.

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Lewis Huang
Kevin Warsh
Bitget
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