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Bloomberg Television

Trump, taxes, tariffs and the Fed 😍

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it is day two of weaponized fomo across markets equities continue to trade High the debate remains how red will the haze be over the he of Representatives and what does that mean for Trump Mark I in regards to tax in regards to tariffs does he have to go to Congress to negotiate a little bit more on tax and what will that mean for tariffs either way the bond market and the equity Market have two very different messages we’re record after record in equities post elction day the best on record for the S&P 500 you’re looking at the 48th record in a row NASDAQ record height small caps up over 5% and they did not hear the screams of Bond vigilantes yesterday in the US Treasury Market we’re 440 at the moment we made a high overnight of 451 are there any Bond vigilantes really left and I haven’t even mentioned the FED it’s expected 25 basis point cut today from J pal but it is all about December what can he do once he knows a little bit more about the complexion of the next Trump regime 2025 can they really cut as much as we all expect

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