Stock Market Rally Evaporates

The president is standing by his nearly $1.8 billion "anti-weaponization fund," which even the administration admits could give money to violent January 6th offenders. Plus, more on the president's endorsement of Republican challenger Ken Paxton over the party’s incumbent Senator ...  عرض المزيد

Backlash is growing to President Trump's so-called "anti-weaponization" fund and a critical piece of it is coming from Republican lawmakers, one of whom today called it "stupid on stilts.” Plus, Stephen Colbert is signing off tonight after nearly 11 years as host of the CBS “Late ...  عرض المزيد

With Mr Trump confirmed as the next US President and a Republican sweep priced in as a 94% probability, US equities, especially those likely to benefit from his policy changes, took off yesterday. The rally was echoed by the US dollar and Bitcoin. US Treasuries sold off on exp ...

US stocks surged yesterday, with the S&P 500 climbing 2.3% in its strongest session since November 2022. The positive market sentiment was fuelled by a drop in US initial jobless claims to the lowest level since late May, which also led to an upward shift in the yield curv ...

Stocks rally and government bond yields drop on positive inflation reports from the US and the UK. Another catalyst for the positive mood across markets is the season's first earnings reports from several Wall Street heavyweights, which all beat estimates and provided positive ...

All was not hunky-dory in the recent Fed meeting, as the FOMC Meeting minutes reveal a split-decision on lowering rates by 50-bps vs 25-bps. Meanwhile, in the markets, the S&P is having its Best Year Ever since the "turn of the century." The current, rising wedge is both a bullis ...  عرض المزيد