S&P 500 Index Stock Discussion

Trump said Friday that he had chosen Scott Bessent for Treasury secretary, turning to the hedge fund executive to serve in a post with oversight of the massive US government debt market, tax collection and economic sanctions.
Bessent has advocated for cutting taxes and reducing government spending and regulations. Bessent would also focus on enacting tariff, slaying inflation and maintaining the U.S. dol...

The Fed will launch a policy framework review next year, focusing on its "long-term goals and policy strategies" and communication tools. The 2% inflation target is not under review, which may disappoint academics and analysts.
Internal discussions will begin at January’s FOMC meeting, followed by a May symposium featuring external experts. The previous review in 2020 introduced policies allowing inflation to exceed the targ...

Global markets
Overnight, the US indices continued uptrend whereby DJ (+0.99%) closed record high as market was in risk-on mode on the nomination of Scott Bessent as Treasury Secretary. This role is important in economic and trade regulations. Bessent has called for deregulation and tax reforms and opposed overly strict trade tariffs. S&P (+0.30%) and NASDAQ (+0.27%) joined the optimism too.
VIX is the implied volatility of 1month S&P500, gauging market s...