Trump’s Plans Risk Inflating Bullish Stock Market Into a Bubble

Nov 30, 2024 | Markets

Equities at new records despite inflation, trade wars in play ‘One of my top concerns is extreme bullishness,’ Diton says The new Trump administration is coming in hot, with mass deportations of undocumented immigrants and threats of triggering a global trade...

Brazil Markets Cap Week of Losses After Spending Plan

Nov 29, 2024 | Markets

Real erased Friday drop as Congress heads push for constraint Spending package disappointed, adding to fiscal concerns Brazilian markets wrapped up a turbulent week after a much vaunted plan to cut government spending came in well short of expectations, adding to...

Dollar Sees Biggest Weekly Drop in a Year as Trump Trade Stalls

Nov 29, 2024 | Markets

Yen was leading gains among peers as bets on BOJ hike rise Dollar rally due to pause after election euphoria: Jefferies The US dollar is heading for the biggest weekly loss in a year, pulling back from the sharp run up fueled by speculation that Donald Trump’s...

Brazil’s Real Hits All-Time Low as Spending Cuts Disappoint

Nov 28, 2024 | Markets

Plan to cut government spending falls flat with investors Currency is down 19% this year, the worst among majors The Brazilian real dropped to a record low and stocks slumped the most since early 2023 as a proposal to cut some $12 billion in public spending...