I feel post the election us manufacturing will get a boost as Trump will impose bigger tarrifs on imports. This will lead to a post election honeymoon.
As for sectors I foresee auuto companies like Ford coming back. Trump will help them.
As for sectors I foresee auuto companies like Ford coming back. Trump will help them.
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GoldenGuru
commented on
G'day, mooers! Check out the latest news on today's stock market!
• S&P 500 higher, Deutsche Bank's credit default swaps spike
• ASX opens 0.4pc higher
• Stocks to watch: Tyro Payments, Ampol, Bank of Queensland
- Moomoo News AU
Wall Street Summary
A volatile week on Wall Street ended with major stock indexes higher despite lingering fears about the health of the banking system.
Bond yields fell as investors piled into Treasurys...
• S&P 500 higher, Deutsche Bank's credit default swaps spike
• ASX opens 0.4pc higher
• Stocks to watch: Tyro Payments, Ampol, Bank of Queensland
- Moomoo News AU
Wall Street Summary
A volatile week on Wall Street ended with major stock indexes higher despite lingering fears about the health of the banking system.
Bond yields fell as investors piled into Treasurys...
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Good buying at the moment I feel
I think things are going to get very tough by Xmas
GoldenGuru
commented on
In February, I started adding Gold via $Gold Trust Ishares (IAU.US)$ ETF to my portfolio to diversify the portfolio as well as trying to use it as a hedge to USD ( $USD (USDindex.FX)$) fluctuations and the unlikely event of US defaulting. This idea came about when I realised that recently, Gold price and USD price seems to have an inverse correlation, so it might be able to be used to hedge the crazy swings in USD.
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