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🔴 A recent opinion poll revealed that major investors in the United States of America believe that former President Donald Trump is the most likely candidate to gain the support of stock market investors.
• Among the 400 investors, traders and asset managers included in the survey, the results of which were published by CNBC on Friday, 67% said that Trump would be the better choice for the stock market than President Joe Biden.
• The S&P 500 index rose by 68% during the four years that Trump spent in office, compared to gains of 44% since the beginning of Biden’s current term.
• The Nasdaq index jumped by 137% during the Trump administration, compared to gains of 34% during Biden’s current term.
#NewProtocol #newcoin2024 #newlows #NewCaledonia #newone
• Among the 400 investors, traders and asset managers included in the survey, the results of which were published by CNBC on Friday, 67% said that Trump would be the better choice for the stock market than President Joe Biden.
• The S&P 500 index rose by 68% during the four years that Trump spent in office, compared to gains of 44% since the beginning of Biden’s current term.
• The Nasdaq index jumped by 137% during the Trump administration, compared to gains of 34% during Biden’s current term.
#NewProtocol #newcoin2024 #newlows #NewCaledonia #newone
Impact of the Largest Employment Revision in 15 Years on the Fed
Today's delayed employment revision, the largest in 15 years, revealed that the U.S. job market was weaker than previously reported. Goldman Sachs and Wells Fargo had estimated a downward revision between 600,000 and 1 million jobs, and the Labor Department's actual figure came in at 818,000.
This represents the largest downward revision since 2009, showing 818,000 fewer jobs were created than initially reported for the 12-month period ending March 2024.The updated data indicates a weaker labor market than the Bureau of Labor Statistics had suggested, increasing pressure on the Federal Reserve to lower interest rates. Jeffrey Roach, chief economist at LPL Financial, anticipates that the Fed will likely signal a rate cut in September.
Navy Federal Credit Union's corporate economist, Robert Frick, added that while the revisions are not surprising, they intensify the need for the Fed to consider reducing rates.As a result of the new data, expectations are rising for a rate cut next month, with investors predicting a 25-basis-point reduction. There's also a growing 30% chance of a 50-basis-point cut.
All eyes are now on Fed Chairman Jerome Powell's upcoming speech at Jackson Hole on Friday.
#BreakingCryptoNews #newlows
Today's delayed employment revision, the largest in 15 years, revealed that the U.S. job market was weaker than previously reported. Goldman Sachs and Wells Fargo had estimated a downward revision between 600,000 and 1 million jobs, and the Labor Department's actual figure came in at 818,000.
This represents the largest downward revision since 2009, showing 818,000 fewer jobs were created than initially reported for the 12-month period ending March 2024.The updated data indicates a weaker labor market than the Bureau of Labor Statistics had suggested, increasing pressure on the Federal Reserve to lower interest rates. Jeffrey Roach, chief economist at LPL Financial, anticipates that the Fed will likely signal a rate cut in September.
Navy Federal Credit Union's corporate economist, Robert Frick, added that while the revisions are not surprising, they intensify the need for the Fed to consider reducing rates.As a result of the new data, expectations are rising for a rate cut next month, with investors predicting a 25-basis-point reduction. There's also a growing 30% chance of a 50-basis-point cut.
All eyes are now on Fed Chairman Jerome Powell's upcoming speech at Jackson Hole on Friday.
#BreakingCryptoNews #newlows
📄 Very Important .....
| Financial Assets You Should Watch Before the US Elections .. 🇺🇸
1. US Dollar (USD) .. 💵
- During the election season, the US dollar takes center stage. It acts as an indicator of risk appetite, and can signal trends in global commodities and other safe-haven assets.
2. Gold (XAUUSD) .. 📊
- Gold attracts capital during times of uncertainty, and its inverse relationship with the US dollar makes it a strategic hedge during periods of market volatility.
3. US Indices (US500, USTEC) .. 🇺🇸
- Indices such as the S&P 500 can fluctuate significantly during elections. Political changes affect market sentiment, creating trading opportunities and a level of risk as the results unfold.
4. Oil (USOIL) .. 🛢
- Elections can affect demand expectations in energy markets, causing sharp price movements. Traders focus on oil during these periods for risk and opportunity.
#forextrader #GOLD_UPDATE #OilMarket #newlows #informed
1. US Dollar (USD) .. 💵
- During the election season, the US dollar takes center stage. It acts as an indicator of risk appetite, and can signal trends in global commodities and other safe-haven assets.
2. Gold (XAUUSD) .. 📊
- Gold attracts capital during times of uncertainty, and its inverse relationship with the US dollar makes it a strategic hedge during periods of market volatility.
3. US Indices (US500, USTEC) .. 🇺🇸
- Indices such as the S&P 500 can fluctuate significantly during elections. Political changes affect market sentiment, creating trading opportunities and a level of risk as the results unfold.
4. Oil (USOIL) .. 🛢
- Elections can affect demand expectations in energy markets, causing sharp price movements. Traders focus on oil during these periods for risk and opportunity.
#forextrader #GOLD_UPDATE #OilMarket #newlows #informed
Trump reciprocated Musk's support and expressed his favor. Musk must be very happy! He joked that "Musk gives me $45 million a month, but he never mentions it. If someone else gives you $2, you have to treat them to wine and dinner."
Trump responded to Musk's $45 million monthly donation to him: "I like Musk, he's great"
According to Fox News, former US President Trump mentioned Musk in a speech at a campaign rally in Michigan on the 20th local time. He said, "You know Elon, I like Elon Musk. Elon supported me a few days ago, he is great. I saw this rocket landed when I was watching TV three years ago. If this matter is left to the government, you will see this scene in 50-100 years."
In addition, although Musk allegedly denied the report that "he will donate $45 million a month to support Trump's campaign", Trump once again said in his speech, "Musk gives me $45 million a month, but he never mentions it. If someone else gives you $2, you have to treat them to wine and dinner."
#TRUMP #newlows #Idea #ETH_ETF_Approval_23July #BinanceHODLerBANANA
Trump responded to Musk's $45 million monthly donation to him: "I like Musk, he's great"
According to Fox News, former US President Trump mentioned Musk in a speech at a campaign rally in Michigan on the 20th local time. He said, "You know Elon, I like Elon Musk. Elon supported me a few days ago, he is great. I saw this rocket landed when I was watching TV three years ago. If this matter is left to the government, you will see this scene in 50-100 years."
In addition, although Musk allegedly denied the report that "he will donate $45 million a month to support Trump's campaign", Trump once again said in his speech, "Musk gives me $45 million a month, but he never mentions it. If someone else gives you $2, you have to treat them to wine and dinner."
#TRUMP #newlows #Idea #ETH_ETF_Approval_23July #BinanceHODLerBANANA
Breaking News
Iranian President Death, Confirmed
Iranian President Ebrahim Raisi died in a helicopter crash.
Please pray for them all.
#news #newlows #NewsAboutCrypto
Iranian President Death, Confirmed
Iranian President Ebrahim Raisi died in a helicopter crash.
Please pray for them all.
#news #newlows #NewsAboutCrypto
Breaking News
Iranian President Death, Confirmed
Iranian President Ebrahim Raisi died in a helicopter crash.
Please pray for them all.
#news #newlows #NewsAboutCrypto
Iranian President Death, Confirmed
Iranian President Ebrahim Raisi died in a helicopter crash.
Please pray for them all.
#news #newlows #NewsAboutCrypto
Circle is launching a new compliance tool focused on programmable wallets. The service, called Compliance Engine, will help companies build on-chain while meeting strict compliance requirements, including the FATF's travel rule. The system provides methods to program customizable and automated regulatory checks into different decentralized applications.
#NewsAboutCryptoOfThisYear #news_Tickeron #newsMVNN #newslisting #newlows
#NewsAboutCryptoOfThisYear #news_Tickeron #newsMVNN #newslisting #newlows
The Crypto Content Creators Conference hosted by CCCC will be held from November 8th to 10th at the W Hotel in Dubai. The conference theme is to promote knowledge sharing and collaboration in the field of crypto content creation. Attendees and speakers include Nobel laureate in economics Paul Krugman, Zuckerberg Media founder and CEO Randi Zuckerberg, Bybit CEO Ben Zhou, Aptos Labs CEO Mo Shaikh, and former global marketing head of Twitter Katie Penn.
#newlows #InspiredAnalyst #Infinitysignals #Sigbal #Professionchoic
#newlows #InspiredAnalyst #Infinitysignals #Sigbal #Professionchoic