{"id":123552,"date":"2024-11-08T18:05:55","date_gmt":"2024-11-08T11:05:55","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=123552"},"modified":"2024-11-08T18:05:55","modified_gmt":"2024-11-08T11:05:55","slug":"investors-dial-back-trump-trades-as-policy-questions-remain","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=123552","title":{"rendered":"Investors dial back \u2018Trump Trades\u2019 as policy questions remain"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->(Bloomberg) \u2014 After an initial stampede into \u201cTrump Trades,\u201d investors in some asset classes are tapering their enthusiasm as they question whether Donald Trump will push through his ambitious tariff proposals as US president.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Most Read from Bloomberg<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->The dollar (<a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/DX=F\" data-ylk=\"slk:DX=F;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">DX=F<\/a>) reversed much of its post-election surge by Thursday\u2019s close, and is edging higher on Friday. Treasury yields have also returned to recent ranges following a two-day whipsaw. Chinese stocks and the yuan, earlier hurt by concerns over higher tariffs, have been swayed more by expectations of further stimulus from Beijing.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->The moves point to the potential for volatility as investors weigh whether Trump\u2019s policies will match his promises on the campaign trail. As the market jolt subsides, focus is turning to other big events: the Federal Reserve\u2019s easing path and China\u2019s expected fiscal stimulus.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->\u201cThere\u2019s a sense that even the most exuberant Trump Trade investors are taking a step back to think: at this point, are the bets overdone?,\u201d said Vishnu Varathan, head of economics and strategy at Mizuho Bank Ltd. in Singapore. Traders are \u201cthinking about the execution and how some of his policies can be transmitted effectively.\u201d<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->A key question on investors\u2019 minds is how much of Trump\u2019s threatened tariffs \u2014 up to 60% on Chinese goods \u2014 will become a reality. Some are also taking profit on trades, including bullish dollar and bearish Treasury wagers, that fared spectacularly well earlier this week on the expectation that Trump\u2019s policies will spur inflation and keep rates higher for longer.<!-- HTML_TAG_END --><\/p>\n<figure class=\"yf-8xybrv\">\n<div class=\"image-container yf-24rror loader\" style=\"--max-height: 640px;\">\n<div class=\"image-wrapper yf-24rror\" style=\"--aspect-ratio: 960 \/ 640; --img-max-width: 960px;\"><img fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Republican presidential nominee former President Donald Trump speaks at an election night watch party, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo\/Julia Demaree Nikhinson)\" loading=\"eager\" height=\"640\" width=\"960\" class=\"yf-24rror loader\"\/><\/div>\n<\/div><figcaption class=\"yf-8xybrv\"><!-- HTML_TAG_START -->President-elect Donald Trump at an election night watch party on Nov. 6. (AP Photo\/Julia Demaree Nikhinson)<!-- HTML_TAG_END -->  <span class=\"caption-separator yf-8xybrv\" data-svelte-h=\"svelte-nxhdlu\">\u00b7<\/span> <span>ASSOCIATED PRESS<\/span><\/figcaption><\/figure>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->As doubts start to creep in, assets seen as benefiting under Trump have largely moved sideways after the post-election pop. US stocks have been an exception, extending gains Thursday on speculation the new administration will be supportive for the nation\u2019s companies.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Bitcoin (<a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/BTC-USD\" data-ylk=\"slk:BTC-USD;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">BTC-USD<\/a>) has been little changed since surging to a record thanks to the president-elect\u2019s pro-crypto stance. Bloomberg\u2019s dollar gauge was up around 0.1% on Friday. The 10-year Treasury yield held at 4.33%, after the Fed\u2019s rate cut helped pare some of Wednesday\u2019s surge.<!-- HTML_TAG_END --><\/p>\n<figure class=\"yf-8xybrv\">\n<div class=\"image-container yf-24rror loader\" style=\"--max-height: 540px;\">\n<div class=\"image-wrapper yf-24rror\" style=\"--aspect-ratio: 960 \/ 540; --img-max-width: 960px;\"><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"\" loading=\"lazy\" height=\"540\" width=\"960\" class=\"yf-24rror loader\"\/><\/div>\n<\/div>\n<\/figure>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Yet the trades may regain momentum, according to RBC Capital Markets. The euro (<a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/EURUSD=X\/\" data-ylk=\"slk:EURUSD=X;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">EURUSD=X<\/a>), an asset sensitive to Trump tariff risk, fell 0.2% in early London trading Friday after advancing 0.7% on Thursday.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->If the Republicans keep control of the US House, with the final counting still underway, the resulting sweep will smooth the path for Trump\u2019s tax cuts, immigration and trade policies, as well as a confirmation of his nominees.<!-- HTML_TAG_END --><\/p>\n<p><button class=\"secondary-btn fin-size-large readmore-button rounded   yf-15mk0m\" data-ylk=\"elm:readmore;itc:1;sec:content-canvas;slk:Story%20Continues\" aria-label=\"Story Continues\" title=\"Story Continues\"> <span>Story Continues<\/span> <\/button> <\/p>\n<div class=\"read-more-wrapper\" style=\"display: none\">\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->\u201cThere is a lot of skepticism about Trump actually pursuing his proposed policies, particularly on tariffs,\u201d said Alvin Tan, head of Asia FX strategy at RBC Capital. However, the sentiment may be temporary as \u201cthe market is underestimating Trump on trade policy \u2014 the US President has broad authority to implement import tariffs.\u201d<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->For stocks, the momentum is more bullish. US equities hit fresh record highs this week, with indexes of small-cap stocks and regional banks \u2014 companies among most exposed to domestic growth \u2014 surging. Investors expect these firms to prosper under a second Trump administration that has pledged to stoke economic growth while boosting corporate profits.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->The case is less clear for Asia, with the extent of China\u2019s fiscal stimulus holding the key to equities\u2019 outlook.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->After an initial drop on Trump\u2019s ascension, China\u2019s CSI 300 (<a data-i13n=\"cpos:7;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/000300.SS\" data-ylk=\"slk:000300.SS;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">000300.SS<\/a>) Index posted its best week in more than a month. While there are expectations that Beijing will roll out a bigger stimulus to counter higher tariffs, a disappointing outcome from the Standing Committee meeting of the National People\u2019s Congress due later Friday may renew selloff pressure.<!-- HTML_TAG_END --><\/p>\n<figure class=\"yf-8xybrv\">\n<div class=\"image-container yf-24rror loader\" style=\"--max-height: 540px;\">\n<div class=\"image-wrapper yf-24rror\" style=\"--aspect-ratio: 960 \/ 540; --img-max-width: 960px;\"><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"\" loading=\"lazy\" height=\"540\" width=\"960\" class=\"yf-24rror loader\"\/><\/div>\n<\/div>\n<\/figure>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->\u201cWith a Trump victory, we think the chance is significantly higher that fiscal stimulus will come on the strong side and include something reserved for Trump,\u201d Evercore ISI analysts including Neo Wang wrote in a note. \u201cAs long as Beijing keeps doing the right things at home and takes advantage of Trump\u2019s foreign policies, we think China\u2019s economy could sail through his tariff storm.\u201d<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Most Read from Bloomberg Businessweek<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->\u00a92024 Bloomberg L.P.<!-- HTML_TAG_END --><\/p>\n<\/div><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/finance.yahoo.com\/news\/investors-dial-back-trump-trades-051048976.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) \u2014 After an initial stampede into \u201cTrump Trades,\u201d investors in some asset classes are tapering their enthusiasm as they question whether Donald Trump will push through his ambitious tariff &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=123552\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-123552","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/123552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=123552"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/123552\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=123552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=123552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=123552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}