The following are some of the news items mentioned in November 2024:

  • S&P is up 23 percent in 2024 as of Nov
  • Trump trade: Investors have chosen to sell treasuries in anticipation of his policies on tariffs and tax cuts will revive inflation and swell fiscal deficits. Many are expecting equity markets to sell off
  • Bitcoin’s rally is known as the quintessential Trump trade
  • Prediction markets seem to be overconfident about Trump win. The market futures will pay 50 percent if he wins, against 200 percent for a Harris future
  • Trump narrative involves selling bonds, on the assumption that a growth-oriented administration will allow inflation to rise and force the Fed to adandon planned rate cuts
  • Since 1950, the S&P has risen in the last 7 months for 16 out of 18 presidential elections.
  • US debt that is set to reach 99% of the GCP this year - is forecast to rise.
  • More thatn 7 Trillion of equity funds are poised to face a big reshuffling next year as FTSE Russell adopts news rules to limit the influence of the largest stocks on some of its most popular benchmarks
    • No individual company makes up more than 22.5 percent of a style index and those with a 4.5% representation or bigger in aggregate add up to no more than 45% of the index
  • TGIF files for bankruptcy protectin after struggling to turn around a business pressured by increasingly cost conscious consumers who have either become more selective when dining out or prefer competitors that provide faster food