US Futures, European Stocks Rally Post-Trump Victory While Crude Oil And Gold Decline - Global Markets Today While US Slept
With Trump taking office soon, how will the U.S. government undergo a 'major shake-up'?
①After Trump's election victory, Musk may lead the newly established 'Government Efficiency Committee,' proposing a $2 trillion reduction in federal spending to reshape government expenditures; ②The candidate for Federal Reserve Chairman may be Kevin Hassett, who was previously chairman of the White House Council of Economic Advisers; other potential candidates include Kevin Warsh and Arthur Laffer. The candidates for Secretary of the Treasury may be Scott Benset and John Paulson.
Goldman Sachs predicts: Stock market may hit record high by the end of the year. In addition to Trump's reelection, there are three other reasons.
Goldman Sachs said that with Trump taking over the White House, the S&P 500 index may hit a new all-time high by the end of the year.
Direct hit usa election | Trump officially announced to win the USA election.
The 2024 US presidential election will officially vote on November 5, kicking off a critical battle that will determine the future direction of the United States.
Jim Cramer Calls Trump's Return To White House A 'Huge Win For The Stock Market'
Will the Federal Reserve cut interest rates slower and less after the first post-election Fed decision?
All analysts are expecting the Fed to cut interest rates by 25 basis points, which highly aligns with the pricing in the money markets, with a certainty of 99.8%. However, due to Trump's policies widely seen as potentially inflationary, the market is pricing in less than 50 basis points for the November and December meetings.