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đŽ 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.
âą 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.
âą 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 Bidenâs current term.
âą The Nasdaq index jumped by 137% during the Trump administration, compared to gains of 34% during Bidenâs current term.
#NewProtocol #newcoin2024 #newlows #NewCaledonia #newone
âą 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.
âą 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 Bidenâs current term.
âą The Nasdaq index jumped by 137% during the Trump administration, compared to gains of 34% during Bidenâs current term.
#NewProtocol #newcoin2024 #newlows #NewCaledonia #newone
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
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
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
