Stocks Break Six-Week Win-Streak, Gold Hits Record High As ‘Trump Trade’ Takes Off The theme for the week was the good (macro outperformance), the bad (dovish rate-cut expectations plunging), and the ugly (Kamala Harris victory expectations gagged as markets bet on Trump). The ‘good’ news this was that macro data continued to outperform expectations… Source: Bloomberg …raising ever more doubts about the pace of The Fed’s new easing cycle as rate-cut expectations tumbled this week – especially for 2025 (because that’s when Trump will be in office, so why would we cut rates for him?)… Source: Bloomberg Just as Kevin… — Continue at ZeroHedge News : Read More
Home » Stocks Break Six-Week Win-Streak, Gold Hits Record High As ‘Trump Trade’ Takes Off – Tyler Durden