The Trading Floor: 50 bps Fed Cut Now 'Off the Table'

In this episode, I’m joined by co-founder Piers Curran to dive into three major talking points in global markets this week.Here’s what we cover:The odds of a 50 bps rate cut from the Fed have dramatically reduced following the latest US CPI report.Trump trades lose steam as Harris wins their first encounter.Goldman Sachs prepares to post a $400 million hit to Q3 results as it unwinds its consumer business.This is the perfect episode to help you unpack the news that matters in a clear and easy-to-understand way, essential listening for any student preparing for the application process!02:09 Market Overview and Key Topics03:14 US CPI Report Analysis11:22 Market Reactions and Stock Movements16:03 Commodities and Inflation Outlook19:58 Market Participants and Career Insights22:09 Value investors and rate expectations24:30 Trump vs Harris26:54 Swiftomonics 29:10 Market implications of the US election33:28 Goldman Sachs the bearer of bad news39:30 M&A offsets trading at GS Hosted on Acast. See acast.com/privacy for more information.