Fed's Powell flags careful, patient approach after rate cut

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Go back to Fed's Powell flags careful, patient approach after rate cut

Trump 2.0 is bad news for Asia, but these stocks still present opportunities

November 7, 2024 11:00 PM EST

According to a note from Macquarie on Thursday, the Trump 2.0 presidency could introduce new challenges for Asia, with expected tariff increases and a stronger U.S. dollar pressuring emerging market equities.

Despite the headwinds, Macquarie analysts see selective opportunities across the region, especially in sectors like IT, defense, and specific consumer markets.

Macquarie emphasizes that Trumps indicative plans to raise tariffs and cut taxes could push up inflation and reduce the pace of... More

SPDR S&P 500 ETF Trust (SPY)

November 7, 2024 2:37 PM EST

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Powell: Overall Inflation has Moved Much Closer to Goal

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