.DJUS Dow Jones U.S. Index
- 1461.790
- +6.730+0.46%
Wall Street is bullish on Trump's tax cuts: they will boost the U.S. stock market in the next two years, with nearly 30% of s&p 500 companies benefiting.
① Wall Street expects Trump's tax cuts to drive up U.S. stocks and corporate profits, with about 145 companies in the s&p 500 index likely to benefit significantly. ② Goldman Sachs predicts that Trump's tax policy may increase corporate profits of s&p 500 index constituent companies by 20% over the next two years, potentially pushing the s&p 500 index up to 7,500 points by 2026.
It can still rise by 10%! Goldman Sachs has raised the target price for the s&p 500 index for next year.
According to goldman sachs' baseline forecast, the economy and corporate profits in the usa will continue to grow, thereby boosting the stock market.
Be cautious! A new wave of inflation may be on the way.
Greenlight Capital's President David Einhorn expressed that the election results are good for avoiding the political stability issues he was worried about not long ago. However, in terms of the economy, he expects that Trump's second term policies will bring about higher inflation, thus leading to a bigger problem.
The Republican Party won a majority of seats in the House, but the slim advantage brings challenges.
House Republicans are expected to win a majority of seats in the next Congress, giving them unified control that allows Trump to have more say in budget and tax battles. However, given that the Republican majority is expected to be narrow and internal consensus may be difficult to achieve, this could hinder their efforts to advance Trump's agenda.
Express News | US media predicts that the Republican Party will win control of the House of Representatives.
Express News | Institutions: The Republican Party takes control of the House of Representatives in the USA, a 'red wave' is coming.
Express News | Multiple institutions have reduced the number of interest rate cuts by the Federal Reserve next year.
Tesla surged 29% last week, with a market cap exceeding 1 trillion! Who will be the next member of the "trillion market cap club"?
Tesla's stock price skyrocketed by 29% last week, closing at $321.22, with a total market value exceeding $1 trillion, and Musk's net worth also returned to over $300 billion after nearly 3 years.
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.
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.
The Fed paused rate cuts as betting on rate hikes heats up! Traders expect an 80% probability of a pause in January next year, with Goldman Sachs expecting a slowdown in rate cuts.
Cme tools show that the probability of pausing rate cuts in December is about 35% in the futures market this Friday, and the probability of pausing in January next year is about 78%. The probabilities announced by the Federal Reserve before the rate cuts on Thursday are 33% and 67% respectively. Goldman Sachs currently predicts rate cuts of 25 basis points in June and September next year, compared to the previous forecast of May and June.
Trading Volume TOP20 | Tesla soared 29% this week, Musk may become a member of the Trump administration; Coinbase closed up nearly 6%.
Eli Lilly and Co, ranked sixth in US stocks trading volume, rose by 4.27%, with a turnover of $5.981 billion; Applovin, an online gaming and advertising company, ranked eleventh, rose by 17.64%, with a turnover of $4.146 billion; Upstart, an ai-driven lending institution, ranked sixteenth, increased by 46.02%, with a turnover of $3.072 billion.
U.S. stocks closed | The three major indexes hit record highs together! Tesla rose more than 8%, market cap exceeded 1 trillion U.S. dollars.
Trump Media Technology Group rebounded by more than 15%; NVIDIA hit a new intraday high before falling back, ending its five consecutive gains.
"Red Wave" coming? Many experts predict the Republican Party will achieve a "three-peat" victory.
Currently, the Republican Party has already secured 210 seats in the House of Representatives, only needing to gain an additional 8 seats to maintain control of the House of Representatives.
Express News | According to calculations by American media, the Republican presidential candidate Trump has already gained at least 270 electoral votes. (Xinhua News Agency)
Express News | According to preliminary estimates by the US media, Trump won all the electoral votes in the swing state of Pennsylvania.
Express News | Coverage of the USA election: Trump has won 247 electoral votes, Harris has won 214 electoral votes.
Express News | Direct hit on the usa election: Trump has won 246 electoral votes, Harris has won 210 electoral votes.
Express News | US media predicts that Trump will win all the electoral votes in the swing state of Georgia.