Although the Federal Reserve's monetary policy statement may not change much, Powell's press conference will set the tone for the coming months
Former Congressman Ron Paul may join the Department of Government Effectiveness (DOGE) and be invited to contribute. Proponents of free markets and individual freedom are optimistic that Ron Paul may be the missing piece to realize this ambitious vision. As Antiwar.com's David Gornoski neatly pointed out in a recent editorial, "For DOGE to eliminate waste, it will take Ron Paul to guide it."
Morgan Stanley's Mike Wilson believes that the S & P 500 could continue to climb before the end of the year, with a 5% gain from now not out of the question as investors breathe a sigh of relief after the US Presidential Election and a "fear of missing out" (FOMO) mentality at the end of the year. But the strategist warns that enthusiasm could fade as 2025 rolls around, with no obvious catalyst in sight. "I think we could see 6,000 points, if there's not too much panic...
Eugene Ng Ah Sio, a trader, wrote: "Probably won't touch the market until the election results are in. I don't think there is a particularly good risk-reward opportunity right now, and I think if you trade during this time, you may just get caught up in market volatility."
Anthropic's CEO believes artificial intelligence could be smarter than most humans by 2026.
The gold toilet was stolen for 4 years and finally came to light, but it is estimated that there will never be a day when the mystery of multiple huge gold robberies in history can be solved. Click to view>& Gt;