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📢 Here's the initial stock market reaction Trump victory:
𝗜𝗻𝗱𝗲𝘅𝗲𝘀 S&P 500: +2.1% $SPX $SPY Dow 30: +2.6% $DJI Nasdaq 100: +1.8% $NDX $QQQ Russell 2000: +5.9% $RUT 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗲𝘀 𝗱𝗼𝘄𝗻 👎 Solar Renewable Energy Electric Vehicles (excl. Tesla) Chinese stocks Cannabis 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗲𝘀 𝘂𝗽 👍 Banks Technology Cryptocurrencies Small caps Most other sectors Source. The Future Investors
Some Trump trades really going for the extreme...
Russell futures vs the 10 year trading with a gap not seen in ages. Source: The Market Ear
🚨 THE SHOCKING CHART OF THE DAY >>>
THE FEDERAL RESERVES REVERSE REPO HAS FALLEN TO $155 BILLION WHICH IS THE FIRST TIME WE SEEN THIS LEVEL SINCE MAY 2021🚨 USUALLY WHEN IT FALLS IT LOWERS YIELDS BUT INSTEAD THEY’RE MOVING UP AND 10YR YIELDS FLEW TO 4.3% LAST WEEK. It was initially used to pull money out of the economy to reduce inflation. Then it went back into economy and then into equites. What's next? Source: Mike Investing on X
Ranked: Tech Manufacturers by R&D Investment Change in 2023
Source: Visual Capitalist
Goldman has some potential reaction functions:
* Trump w/ Republican Sweep = 25% probability; S&P +3% * Trump w/ Divided Government = 30% probability; S&P +1.5% " Harris w/ Democratic Sweep = 5% probability; S&P -3% * Harris w/ Divided Government = 40% probability; S&P -1.5% Source: Carl Quintanilla on X, Goldman Sachs
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