Trump rally is starting to lose steam
Now the Trump post-election rally must endure a reality biting phase, when profit-takers cash in on a market rise that while understandable was over-the-top.
Expert buy, hold and sell recommendations from our team of analysts.
Now the Trump post-election rally must endure a reality biting phase, when profit-takers cash in on a market rise that while understandable was over-the-top.
Elon Musk’s support for Donald Trump, which coincided with a good sales report for the carmaker, looked like one of the best punts of all time by a hi-tech entrepreneur!
It was a loser week locally. In fact, it has been a loser month. But we are up over 7% for the half year and 18.5% for the year
Despite rising bond yields and the growing uncertainty, as well as the implications of who will win the US election, Wall Street is doing its best to resist gravity.
With the heat of the Middle East war cooling for the moment, Wall Street has focussed on the tailwinds of lower inflation...
This week the negativity associated with the Middle East conflict has outweighed the positivity from the surprise stimulus from China
This week the negativity associated with the Middle East conflict has outweighed the positivity from the surprise stimulus from China
Only history will ultimately tell us if this first rate cut of the Federal Reserve of 50 basis points, when the consensus of economists was tipping only a 25-basis point cut, will prove to be the deepest.
Wall Street is defying history with September being notorious for sell-offs, but the overall vibe of the data drops seems to be saying inflation is falling...
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