Stocks are to rally soon ahead of Trump’s Speech and Fed’s Policy

Stocks are to rally soon ahead of Trump’s Speech and Fed’s Policy
Stocks are to rally soon ahead of Trump’s Speech and Fed’s Policy

The consistent development in the trade talks and steady as well as accommodative Fed Policy have made a way for the stock markets to surge at new higher records. These two are going to be the major themes over which President Donald Trump and Jerome Powell are about to address at separate events in the upcoming week. Against of stabilizing the global economy and the stocks have hit new highs. Additionally, the bond yields have also been pushed higher. Especially, in the previous week, there was a jump of 23 basis points in 10-year Treasury yield and it rose by 1.94%.

Additionally, Trump addressed the Economic Club of New York on Tuesday that investors are hoping for clarity on a possible trade deal. Also, the Fed Chairman addressed the Congressional Joint Economic Committee and appears before the House Budget Committee on Thursday. 

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