Top ETF Winners From The Trump Trade
Image Source: Pixabay Trump’s major victory in the presidential election has sparked impressive rallies in U.S. stocks and other risk assets. The so-called “Trump trade” has boosted Bitcoin and cryptocurrencies, Tesla (TSLA – Free Report) , the U.S. dollar, and small-cap stocks in particular.Investors appreciate clarity and certainty, which is why stocks tend to rise after elections. They […]
Rates And The Dollar Continue To Melt Up As Stocks Stall Out
CPI came in as expected today, but that didn’t stop long-end rates from rising, with the 30-year up six bps and the 10-year up two bps. The dollar index also continued to melt up after the data, showing that core CPI remains sticky after a 0.3% m/m increase.The bigger question for core CPI is whether […]
Rate Cut Optimism Fuels The Rebound Rally
Image Source: Pixabay MARKETSStocks rallied on Wednesday, bouncing back from Tuesday’s dip, which had interrupted a post-election winning streak. The trigger? Inflation data that landed right on target was a breath of fresh air for traders navigating the recent chaos of unpredictable economic indicators. The news brought a wave of optimism, especially as it nudged the […]
Stocks Finish Muted; Likelihood Of Interest Rate Cut Rises
Wall Street’s midday middling carried into the end of the session, with stocks settling near breakeven after October’s consumer price index — a key piece of inflation data — was in line with economists’ expectations. After the reading, the CME FedWatch tool showed an increased chance that the Federal Reserve would cut interest rates again in December.Additionally, […]
This Is What Wall Street Banks Are Hiding In The Post-Election Euphoria
Image Source: Pexels In the rush of post-election market euphoria, the biggest banks on Wall Street were among the winners. The XLF ETF fund, which tracks the financial sector through the biggest financial firms, has risen for five straight months, reaching a high of $50 this week.Much of that upside was attributed to the performance of the […]
Can Monster Beverage Corporation Provide An Early Christmas Present Despite Earning Miss?
Image Source: Pixabay Monster Beverage Corporation (MNST), based in Corona, California, is a holding company that operates primarily through its subsidiaries. These subsidiaries develop and market a wide variety of energy drinks, including its flagship Monster Energy® line, as well as other popular offerings like Java Monster®, Monster Rehab®, Muscle Monster®, and Monster Hydro®. The company’s […]
China Stimulus Update: Debt Swap Program Underwhelms Investors What’s in China’s debt package? What are the potential market impacts? The bottom line
The last three months have seen bursts of excitement that the Chinese government was about to open the floodgates of stimulus, followed by disappointment as follow-on announcements have lacked detail on the actual scale of measures. The chart below shows this, with the MSCI China Index surging in late September on reports of more stimulus, before falling throughout […]
Silver Funds Add Over 100 Million Oz Since March
Image Source: Pixabay The Silver Institute put out an update on Tuesday where they increased the deficit they expect in the silver market in 2024.Which makes sense, as the silver funds have added over 100 million ounces of silver since March. Well ahead of the Silver Institutes projections from earlier this year.Video Length: 00:22:14More By This […]
Might The FOMC Spike The Ball Before The End Zone?
Image source: Pixabay This morning we received the latest report on inflation. In October, the Consumer Price Index (CPI) rose by 0.2% on a headline basis and 0.3% excluding food and energy. The readings were in-line with market consensus, but this was the third month in a row that the core rose by 0.3%. That annualizes […]
How Inflation Will Likely Play Out Under A 2nd Trump Term
Image courtesy of 123rf.com On Wednesday, the Bureau of Labor Statistics released the latest Consumer Price Index (CPI) report for October. Following the trend of the last three months, the inflation rate increased 0.2% on a monthly basis. Annually, the consumer prices for all items increased 2.6% vs 2.4% in September, which is in line with […]
