Federal Reserve voting committee member speaks for the first time after Trump's election: observe the post-election situation first and then determine the impact, be prepared to address risks.
This year, Powell, the chairman of the Federal Reserve, said the Fed is ready to respond to the risks of declining employment or rising inflation as needed. Former Cleveland Fed President Mester said if Trump's tariff policy is implemented, the Fed's rate cut next year may be less than the previously expected four times. "Star board member" and Fed Director Waller said the private sector should take the lead in innovation in the payment industry; stablecoins may be beneficial to the financial system, but legislative solutions are needed to address security issues.
Small cap stocks soar beyond s&p 500, bond yields may become key.
This month, small cap stocks saw a strong rebound, with the e-mini Russell 2000 index outperforming the s&p 500 by a large margin, fueling speculation about the future market trend.
Express News | US media predicts that the Republican Party will win control of the House of Representatives.
Express News | Institutions: The Republican Party takes control of the House of Representatives in the USA, a 'red wave' is coming.
Lock in the finance minister target this week? The media reported that Trump tends to choose Wall Street veterans.
Media reports that former Soros Fund manager Scott Bessent, hedge fund tycoon Paulson, and former U.S. Trade Representative Lighthizer are all possible candidates for the Secretary of the Treasury; the Treasury Secretary interviews will be held at the Mar-a-Lago estate, with an expected five to eight candidates, each presenting their situation with a PPT demonstration and indicating their recommenders, for Trump to assess how important this person is to his inner circle.
U.S. stocks close: S&P index breaks through the key level of 6000 points for the first time, with Tesla and cryptos concept stocks soaring together.
① Most of the china concept stocks are up, nasdaq China Golden Dragon Index rose by 0.59%; ② MicroStrategy bought another 0.0272 million bitcoin; ③ Musk played a key role in the formation of Trump's future team; ④ US regulatory authorities have launched an investigation into honda motor.
Express News | Multiple institutions have reduced the number of interest rate cuts by the Federal Reserve next year.
FTAI Aviation Shares Are Trading Higher After Scotiabank Upgraded the Stock From Sector Perform to Outperform and Raised Its Price Target From $245 to $275.
Tesla surged 29% last week, with a market cap exceeding 1 trillion! Who will be the next member of the "trillion market cap club"?
Tesla's stock price skyrocketed by 29% last week, closing at $321.22, with a total market value exceeding $1 trillion, and Musk's net worth also returned to over $300 billion after nearly 3 years.
Weekend Reading | Adhere to the 'Reverse Success Law' and win Buffett's trust.
The best leaders are always the greatest learners, they always stay curious, focused, and lifelong learners. Jim Weber said this is the most valuable experience he learned from Buffett.
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.
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.
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.
"Red Wave" coming? Many experts predict the Republican Party will achieve a "three-peat" victory.
Currently, the Republican Party has already secured 210 seats in the House of Representatives, only needing to gain an additional 8 seats to maintain control of the House of Representatives.
Can Trump fire the Chairman of the Federal Reserve? Powell answered four "no" at the press conference.
Powell made it clear that even if Trump asked him to resign as the chairman of the Federal Reserve, he would not "be fired" under legal protection. Earlier reports suggested that Trump intended for Powell to complete his term until May 2026, "but could change his mind at any time".