Wow, can you believe it? With the election countdown ticking, the Trump trade is back with a vengeance! 😮 The September non-farm payrolls data beating expectations and core inflation rising again have cooled down the "recession trade" and "rate cut trade" in the U.S. stock market. But guess what? Vice Presidential debate winner Pence and Harris's poor interview performance have boosted Trump's poll numbers, and the Trump trade focused on "tax c...

As the US presidential election enters its 100-day countdown, Vice President Harris, the top of the Democratic ticket, is seeing a narrowing gap in support between her and Trump gradually. With the election's uncertainty rising, the market has begun to reprice the 'Trump trade', while scrutinizing Harris's policies to gauge their impact on investors and identify 'Harris trades' to watch.
Harris Closes the Gap with Trump in Latest Polls
H...

CPI in the United States fell for a third straight month to 3.0% in June from 3.3% in May of 2024. Core consumer prices in the US increased by 3.3% in June of 2024 over the same month in the previous year, down from 3.4% in May.
Compared to the previous month, the CPI unexpectedly declined 0.1%, following a flat reading in May and compared to expectations of a 0.1% rise. Core CPI monthly rate edged down to 0.1% from 0.2%, below expectations of 0....