Don't Let Election Outcomes Drive Investing Decisions, Wells Fargo Says, After Trump's Win
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.
Is the market too excited? Morgan Stanley: The Fed will have to respond to Trump, at the earliest by May next year.
Analysis suggests that although the Trump administration is expected to implement new measures in areas such as tariffs, immigration, and fiscal policy, due to the time lag in policy implementation, the Federal Reserve is unlikely to adjust policies at the meetings in January or March next year, with the earliest reaction window possibly in May next year.
Tesla Gains 8% to Hit $1 Trillion Market Cap for First Time Since Musk Agreed to Buy Twitter
Cross-market firecrackers are sounding! After the Federal Reserve's interest rate decision night, what is the probability of a rate cut in December?
①If measured by the comprehensive performance of cross-assets, yesterday may have been the best performing day of the year for the Fed interest rate day market; ②The Fed announced a 25 basis point rate cut to 4.5%-4.75% on Thursday as expected by the market, with a possible rate cut again in December; ③CME's FedWatch tool shows that traders currently expect a 25 basis point rate cut by the Fed in December with a probability of 67.8%.
