Weekend Reading | The men behind Trump, Pence, and Musk, once again betting on the success of 'venture capital'.
If everyone's thoughts are the same, then no one is thinking.
Strongly advocate for deregulation and tax cuts! Wall Street rushes towards 'Trump 2.0'.
Regardless of their past positions, or concerns about retaliation by President Trump, Wall Street executives are actively aligning with Trump, anticipating potential tax cuts and deregulation policies. Some are preparing to apply for positions in the White House, while others are willing to provide donations to the Trump team. JPMorgan and Goldman Sachs CEOs have previously congratulated Trump, stating that the policies of the new government will have a significant impact on the banking industry business.
Wall Street's latest consensus: In the Trump 2.0 era, the Federal Reserve may slow down its rate cuts.
①After the results of the usa election were released, Wall Street in the usa became increasingly concerned about the prospect of a rate cut by the Federal Reserve next year; ②On Thursday Eastern Time, following a statement by Federal Reserve Chairman Powell, many investment banks gave up hope for a substantial rate cut by the Federal Reserve next year.
Weekend Reading | Trump returns to the White House, how does the US election tear apart the entire Silicon Valley technology circle?
The technology sector is no longer a monolithic entity.
Bond giant Pimco: Trump is adding fuel to the fire for the US economy, so risk assets shouldn't be too happy too soon.
Pimco warns that the post-election surge in US stocks may face a reversal. Trump's policy plans could lead to intensified inflation, overheating of the economy, and hinder the Fed's interest rate cut process. Risk assets should not be blindly optimistic.
Jinglin's Q3 positions are out: selling microsoft, nvidia, adding 0.59 million shares of apple.
①The well-known Chinese private equity firm Jinglin Assets' Q3 holding value in the US stock market decreased to $3.15 billion, down from $3.79 billion; ②Jinglin Assets' Q3 reduced all of its top ten holdings, cleared multiple technology and pharmaceutical concept stocks, and the largest increase was 0.591 million shares of Apple Inc.
The Fed paused rate cuts as betting on rate hikes heats up! Traders expect an 80% probability of a pause in January next year, with Goldman Sachs expecting a slowdown in rate cuts.
Cme tools show that the probability of pausing rate cuts in December is about 35% in the futures market this Friday, and the probability of pausing in January next year is about 78%. The probabilities announced by the Federal Reserve before the rate cuts on Thursday are 33% and 67% respectively. Goldman Sachs currently predicts rate cuts of 25 basis points in June and September next year, compared to the previous forecast of May and June.
Trading Volume TOP20 | Tesla soared 29% this week, Musk may become a member of the Trump administration; Coinbase closed up nearly 6%.
Eli Lilly and Co, ranked sixth in US stocks trading volume, rose by 4.27%, with a turnover of $5.981 billion; Applovin, an online gaming and advertising company, ranked eleventh, rose by 17.64%, with a turnover of $4.146 billion; Upstart, an ai-driven lending institution, ranked sixteenth, increased by 46.02%, with a turnover of $3.072 billion.
U.S. stocks closed | The three major indexes hit record highs together! Tesla rose more than 8%, market cap exceeded 1 trillion U.S. dollars.
Trump Media Technology Group rebounded by more than 15%; NVIDIA hit a new intraday high before falling back, ending its five consecutive gains.
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Bull market in US stocks is accelerating! S&P, Nasdaq hit new highs together, how long will the "Trump trade" last?
French Industrial Bank believes that 'Trump trades are at their peak', and U.S. cyclical trades should last at least until the inauguration day (January 20, 2025), while stocks dependent on Fed rate cuts, such as small-cap stocks, will need to be reassessed by then.
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Is Trump's victory equivalent to the banks on Wall Street winning? The five major banks have repeatedly hit new highs this year, and financial stocks are expected to continue the 'victory trade'.
Investors will hope for Trump to weaken financial regulations. Analysts point out that Trump's victory will bring the biggest change to federal financial regulatory institutions in US history.
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