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Biden's first statement before leaving office: Congress members should be prohibited from engaging in Stocks Trade.
① The President of the USA, Biden, stated in an interview that members of Congress should be prohibited from trading Stocks; ② This is the first time Biden has expressed his opinion on the issue of Congress members trading Stocks, and given that he has only one month left in his term, the impact of his statement remains unclear.
The degree of change is shocking! The Federal Reserve may have entered a "new phase."
Some economists believe that the "culprit" behind the global financial market crash on Thursday may still be Trump...
Trump's tariff plan is unpopular! More than half of the USA population opposes imposing taxes on commodities from Mexico.
Standard & Poor's stated that the tariffs in the USA will raise inflation rates and reduce economic output, while some individuals and businesses are stockpiling goods in anticipation of tariff concerns, leading to a significant increase in throughput at the Port of Los Angeles and Long Beach in November.
Express News | Morgan Stanley expects that the Federal Reserve will cut interest rates by 25 basis points twice in 2025, whereas it was previously anticipated that there would be three cuts of 25 basis points after the December Federal Open Market Committee meeting.
Express News | Nomura: The Federal Reserve may cut interest rates once in 2025.
Is the direction of the stock market about to change? UBS Group suggests selling cyclical stocks and shifting to growth defensive stocks.
The UBS Group's Stocks strategy team recommends that Global investors reduce their shareholding in cyclical Stocks and suggests focusing on defensive Stocks with growth in performance.