Why are markets rallying right now?By Ravi Krishnan
President-elect Donald Trump finally ended a week of uncertainty for markets by picking Scott Bessent. as the next Treasury Secretary. Bessent grew up in South Carolina, went to Yale University as an undergraduate, and later taught economic history there. He now runs Key Square, the macro hed...
Futures markets now see a 72% chance of a rate cut as soon as June, up from 65% before the Fed meeting. Against this backdrop, gold’s surge is, I believe, textbook price action. Central Banks’ Insatiable Appetite for Gold Fueling the Rally There’s more to the rally than just ...
Shares of major U.S. bank stocks zoomed higher today after the market was receptive to third-quarter earnings reports this morning that showed bank earnings are poised to benefit next year from more favorable conditions. Banks are also likely benefiting from new economic data this morning that sh...
was broadly lifted after last night's election of Donald Trump and a potential Republican sweep of Congress. The across-the-board rally for financial stocks appears to be due to enthusiasm over the prospect of greater financial deregulation, with perceived "riskier" financial stocks rallying...
Solana SOL price is up today, buoyed by a significant recovery in the broader cryptocurrency market. SOL’s rebound follows Bitcoin’s recovery back above $100,000 as a number of technical and onchain indicators point to further gains for the layer-1 token. Data from Cointelegraph Markets Pro...
“You’ve got this shift in Latinidad but also the ways in which you see ethnic consumerism going beyond the Latino community,” Agius Vallejo said. “They are not solely relying on Latinos to maintain this store.” While other Northgate Markets were designed with Latino shoppers in mind, ...
“It’s kind of a rallying cry,” said Jeremy Fiance, founder of The House Fund. “There’s an element here that’s about the battle between the public and private markets. There’s a ton of tension between public market financial investors, every VC out there who’s hoping for liquidit...
It was a movement: standing up to the tycoons, the hedge-fund banshees, rallying around an embattled small business, the little guy… Only how did a retail giant with five thousand outlets become the little guy? Only because there are deadly waves moving through this ruined land. You can ...
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