After a good sleep, the American election has changed again.
In 7 battleground states, Trump has secured 4! This includes Pennsylvania, according to unofficial data. In past presidential campaigns (whoever wins Pennsylvania wins America?)
Voting has officially started, and preliminary results will be available by this time tomorrow. The final results will likely take about 2 days.
The Federal Reserve is also quite considerate, directly postponing the release of the interest rate decision by a day. What if they end up on the wrong side, can they still recover? 🤣🤣🤣
However, the mainstream opinion currently believes that the Federal Reserve will still cut rates by at least 25 basis points. I think there is a strong possibility of a 50 basis point cut.
Did Trump’s administration trigger a bull market by cutting rates by 100 basis points??? 🤣🤣🤣
