Forget Seeking Certainty: Suddenly, The Fed’s Urge to Cut Rates Evaporates!

November 16, 2024 • 00:18:16
Forget Seeking Certainty: Suddenly, The Fed’s Urge to Cut Rates Evaporates!
Digital Finance Analytics (DFA) Blog
Forget Seeking Certainty: Suddenly, The Fed’s Urge to Cut Rates Evaporates!

Nov 16 2024 | 00:18:16

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Show Notes

This is our weekly market update, where we start in the US, cross to Europe, and Asia, and end in Australia covering crypto and commodities on the way. My earlier call of enhanced market volatility proved correct, as a gauge of global stocks took its biggest weekly drop in two months driven by market euphoria after the Trump win now turning, as the implications in terms of tariffs and staff appointments sink in and as trading profits are made. MSCI’s gauge of stocks across the globe lost 1.11%, to 842.61 for its fourth straight decline, following five straight advances. In […]
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