B↑2📆 – 11/08/24

Cross-asset rally in the U.S. … for now. The world scrambles to place bets under the new order. $DJT just took a 23% nosedive during the session, and then another 7% after hours—wild. Yesterday, media was all hot about the president elect’s paper gains. $DJT reported negative earnings, but that was two days ago. Putin says he is ready to talk with Trump, while Macron states Europe must unite to promote the region’s interests.

• Fed Cuts Rates; Powell Says Wouldn’t Resign If Asked By Trump - Bloomberg

• Donald Trump’s Billion-Dollar Windfall After Election Is Just the Start- Bloomberg

• Airbnb, Expedia Are Latest to Signal Holiday-Season Uptick- Bloomberg

• Stocks, Bonds Rally as Federal Reserve Cuts Rates: Markets Wrap- Bloomberg

• Nissan Cuts Outlook, Announces Restructuring With 9,000 Job Cuts- Bloomberg

• Hong Kong Follows Fed With Rate Cut in Boost for Economy- Bloomberg

• Trump Built the Manosphere, Brick By Brick- Bloomberg

• Zelenskiy, Putin Vie for Edge With Trump Ahead of Ukraine Pivot- Bloomberg

• Millennium in Early Talks to Sell an Equity Stake to BlackRock- Bloomberg

• Germany’s normally stable government has collapsed. Here’s why - CNN

• Britain loves its ‘special relationship’ with the U.S. — but that doesn’t mean Trump will love it back - CNBC

• DJT stock sinks by double digits to reverse gains after Trump election win - CNBC