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Yesterday — 12 November 2024Main stream

Doubts Grow Over the Booming Trump Trade

The stunning post-election stock market rally could be in jeopardy if the president-elect’s agenda spurs inflation, and adds to the deficit, analysts warn.

© Andrew Kelly/Reuters

Hold onto your hat. Some doubts are creeping in about the Trump trade rally.
Before yesterdayMain stream

Trump, Jay Powell and a Potential Fight over the Fed’s Future

As Trump allies including Elon Musk endorse ending the Federal Reserve’s independence, the central bank’s chair is reportedly ready to go to court to fight back.

© Kent Nishimura/Getty Images

Jay Powell appears ready to defend Fed independence, and his job.
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