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Ford October Vehicle Sales up 15.2% From a Year Earlier
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How does Trump's tariff plan affect the situation? Study: American consumers' purchasing power may evaporate by $78 billion each year.
①A study released on Monday by the National Retail Federation (NRF) shows that if Trump's new tariff proposal is implemented, American consumers could potentially lose up to $78 billion in purchasing power annually. ② The report states that if import tariffs are implemented, it will further exacerbate the impact on low-income families, making their budgets even tighter.
What will happen to the U.S. stock market with all kinds of outcomes tomorrow? This is goldman sachs's answer.
Goldman Sachs believes the most likely outcome is Harris's election with a divided Congress (40% probability), long-term growth/nasdaq/wind power/china/global export themes will outperform large cap, defensive stocks are better than cyclical stocks.
