3 Ways Stock-Split Stocks Nvidia and Sherwin-Williams Are Modernizing the Dow Jones Industrial Average
Strongly advocate for deregulation and tax cuts! Wall Street rushes towards 'Trump 2.0'.
Regardless of their past positions, or concerns about retaliation by President Trump, Wall Street executives are actively aligning with Trump, anticipating potential tax cuts and deregulation policies. Some are preparing to apply for positions in the White House, while others are willing to provide donations to the Trump team. JPMorgan and Goldman Sachs CEOs have previously congratulated Trump, stating that the policies of the new government will have a significant impact on the banking industry business.
Wall Street's latest consensus: In the Trump 2.0 era, the Federal Reserve may slow down its rate cuts.
①After the results of the usa election were released, Wall Street in the usa became increasingly concerned about the prospect of a rate cut by the Federal Reserve next year; ②On Thursday Eastern Time, following a statement by Federal Reserve Chairman Powell, many investment banks gave up hope for a substantial rate cut by the Federal Reserve next year.
【US Stock Market Review】 unstoppable momentum during election week: the Dow briefly surpassed 44,000 points, and the S&P touched 6,000 points for the first time
On Friday (November 8), the US stock market closed with its best performance in a year. Following Donald Trump's victory in the presidential election and the Fed cutting interest rates again to ease economic pressure, the indices soared this week and set multiple records. The S&P 500 index saw its largest weekly gain since early November 2023, closing just below 6000 points. The Dow Jones Industrial Average rose by 0.6%, briefly surpassing 44000 points. The Nasdaq Composite Index rose by 0.1% and also set its own record.
Weekend Reading | Trump returns to the White House, how does the US election tear apart the entire Silicon Valley technology circle?
The technology sector is no longer a monolithic entity.
Bond giant Pimco: Trump is adding fuel to the fire for the US economy, so risk assets shouldn't be too happy too soon.
Pimco warns that the post-election surge in US stocks may face a reversal. Trump's policy plans could lead to intensified inflation, overheating of the economy, and hinder the Fed's interest rate cut process. Risk assets should not be blindly optimistic.