Can the Federal Reserve cut interest rates next month? The crucial test is coming tonight.
As the first major data after the US presidential election, the US October CPI report, which will be released at 21:30 on Wednesday Beijing time, is likely to have a crucial impact on the future policy path of the Federal Reserve; This has also prompted some Wall Street insiders to ponder whether the next market trade theme will gradually shift from the glamorous 'Trump trade' of the past week to the interest rate perspective surrounding the Federal Reserve rate cut process...
CPI rebound alarm sounded? Fed may press the pause button on interest rate cuts early next year.
Economists expect the overall CPI to rebound for the first time in eight months in October, while core CPI also remains sticky.
Trump has begun forming a cabinet and issuing a bunch of offers! TV host nominated as Secretary of Defense, Musk to head the new “Ministry of Government Efficiency”
President-elect Trump announced a series of appointments on Tuesday local time, including Fox News host Pete Hugseth as Secretary of Defense, Republican Attorney Bill McKinley as White House Counsel, John Ratcliffe as CIA Director, and Congressman Mike Waltz as national security adviser. Additionally, Trump said Elon Musk and Vivek Ramaswamy will head the new “Ministry of Government Efficiency.”
Is Trump's 'gift package' overvalued, and is the rebound of US stocks detached from the fundamentals?
Top economists have pointed out key signs of weakness in usa businesses, and warned that stock investors may be overly optimistic about Trump's pro-business policies.
"When will the 'Trump rally' end? Bridgewater CIO: There is still room for the US stock market to rise, but don't buy anymore!
Bridgewater Associates Co-Chief Investment Officer Karen Karniol-Tambour stated that the US stock market still has "upward potential", but it is not the best investment destination as investors are already heavily exposed to the stock market. She recommends clients to focus on bonds, gold, or oil to cope with economic growth or inflation shocks.
US stock investors "fasten your seat belts"! Morgan Stanley: Three major risks may disrupt the "Trump trade".
①Morgan Stanley outlined three major risks that could disrupt the 'Trump trade' in a recent report. ②Firstly, a significant increase in US Treasury yields could trigger anxiety among stock investors. Secondly, a strong US dollar could mean trouble for large cap stocks. Thirdly, stock prices are overvalued.