Wall Street investment banks consensus: The Federal Reserve will slow down interest rate cuts in 2025.
Several institutions have already started to reduce their bets on the prospect of Fed rate cuts.
"Trump 2.0" crucial treasury secretary dispute, Musk publicly spoke out! Is the support of certain individuals leading to a major sell-off on Wall Street this week?
Wall Street powerful broker Lutnick seems to have lost the opportunity to compete, prompting Musk to openly support stating that Lutnick can "truly bring change," and stating that competitor Bessent will "continue to lead the usa towards bankruptcy." With Lutnick expressing interest in the position of Treasury Secretary, the market has seen selling, seemingly indicating to Trump that Bessent is more suitable.
U.S. stocks have plummeted significantly; what has stifled the "Trump trade"?
With the political outlook in the USA no longer as certain as the market expected a few weeks ago, and inflation still relatively high, investors have no safety margin to seek.
Weekend Reading | Fireside chat with top investor Greenblatt, about index investing, the seven giants, and long-short strategies...
Find a good company, make sure the price is reasonable when buying, it will appreciate over time.
US stocks plummeted, with the Nasdaq 100 giving back much of its gains since the US election results were announced. What happened?
Us stocks plunged, the yen and US Treasury bonds rose, and Trump's trade saw a major reversal. Well-known financial journalist Nick Timiraos, known as the 'New American Fed Communication Agency', wrote that US stocks fell on Friday despite strong retail sales reports released earlier, suggesting that the strong performance of the US economy may not need to be supported in the form of rate cuts. In addition, some Federal Reserve officials have stated that it is too early to determine whether the Fed should cut rates at the next meeting.
U.S. stock market closes | Expectations of a substantial interest rate cut have put pressure on U.S. stocks, with the Nasdaq down over 2%, nvidia down over 3%, and Tesla rising over 3% against the trend; some Chinese concept stocks are up, with jd.com ris
Vaccine stocks, moderna, fell over 7%; applied materials dropped over 9%, dragging down chip stocks. The Chinese concept stocks rebounded, while Alibaba fell over 2% after its earnings report.