PCE data for November fell short of expectations across the board. Has the Federal Reserve considered the "Trump effect"?

In November, USA's PCE data showed a comprehensive cooldown, and the "third-in-command" of the Federal Reserve stated that there is a lot of uncertainty regarding future fiscal policy. Traders continue to bet that the Federal Reserve will pause interest rate cuts in January next year.

Golden10 DataDec 20 22:07

Wall Street is not afraid of the Federal Reserve's "hawkish interest rate cuts"; will the "Christmas rally" in the U.S. stock market arrive as scheduled?

Wall Street analysts are not overly concerned and believe that Wednesday's sell-off presents a good buying opportunity, and a strong reaction to the Federal Reserve meeting is unlikely to disrupt this year's 'Santa Claus rally' momentum.

Futu NewsDec 20 16:45

Benzinga Market Summary: Novo Nordisk Falls On Weight Loss Data, Shares Of Competitor Lilly Rise, S&P Continues Higher

Benzinga32minutes ago

Trump 2.0 is coming soon! Historically speaking, is it possible for the U.S. stock market to welcome a "Gold era"?

As the 45th President of the USA, Trump's economic policy propositions had a profound impact on the financial markets after his victory in the 2016 presidential election. In particular, the S&P 500 Index surged nearly 70%, experiencing significant changes during Trump's tenure as an important indicator of the performance of the US stock market.

Futu NewsDec 20 19:27

After two years of continuous growth, Wall Street is eagerly hoping that the U.S. stock market can still be "bullish" next year.

Market sentiment remains enthusiastic, and compared to a year ago, investors have greater confidence in the USA economy.

Golden10 DataDec 20 23:45

Goolsbee Says Rate Path Will Be Determined By Employment, Prices; Wide Consensus At Fed That Long-run Neutral Rate Is Well Below Where Policy Rate Is Now; Last 6 Months Of PCE Inflation Is Very Close To 2%

BenzingaDec 20 23:29