Two rate cuts – different sizes

A dramatic drop in oil prices set the tone for global markets yesterday, as investors reacted to signs of progress in US-Iran negotiations. Lower energy prices boosted European equities and particularly travel and leisure stocks, but concerns surrounding the AI trade continued to ...  Show more

The last trading day of October saw the rotation trade continue with the Nasdaq Composite and S&P 500 falling more than the blue-chip Dow Jones, which was also the only one of the three indices to end the month higher than it began it. Asian markets - with the exception of Japan ...  Show more

Fed cuts rates by 25 basis points with one dissent. (0:15) Dot plot pencils in two more cuts this year – barely. (1:11) Powell calls move ‘risk management.’ (1:42)Show Notes6 stocks for a Fed rate cutEpisode transcripts seekingalpha.com/wsb. Sign up for our daily newsletter here ...  Show more

The ECB delivered another cut today and there is more to come, the BoC is primed to start cutting in 50bp increments and do a lot over the cycle, the Fed should cut further but only a little bit, and China has recently delivered a lot of stimulus. The RBNZ has recently cut 50bp a ...  Show more

The European Central Bank (ECB) rose its three policy rates by 50bp at yesterday’s monetary policy meeting, versus 25bp expected by analysts. One of the major highlights of yesterday’s ECB decision was the anti-fragmentation tool, TPI, transmission protection instrument. The name ...  Show more