Author: Zac Martin, Investment Associate
Week Ending November 8th – Trump Trade
US Elections last week, Donald Trump won the presidency with Republicans also taking the Senate; however, the House remains uncalled. Below is a table highlighting the “Trump Trade.”
The Fed elected to cut rates by 25bps, which was inline with market expectations. However, rhetoric around the committee's confidence toward achieving the inflationary goal was removed. Despite this, all members voted to lower the Federal Funds Rate.
The week ahead:
NFIB Small Business Index (11/12)
Consumer Price Index (11/13), Producer Price Index (11/14)
Retail Sales (11/15)
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