PumpAnalyst
December 12 Morning Briefing: Here are some noteworthy news items for today:
The latest US employment data came in below market expectations, leaving more room for the Federal Reserve to cut rates. At the same time, a former president publicly supports the stock market. The combination of these signals essentially confirms the Fed's dovish stance — a springtime may be ahead for risk assets.
More significantly, the US Financial Stability Oversight Council (FSOC) latest report removed cryptocurrencies from its systemic risk list. This shift is meaningful, as subtle changes in regulatory attitude
View OriginalThe latest US employment data came in below market expectations, leaving more room for the Federal Reserve to cut rates. At the same time, a former president publicly supports the stock market. The combination of these signals essentially confirms the Fed's dovish stance — a springtime may be ahead for risk assets.
More significantly, the US Financial Stability Oversight Council (FSOC) latest report removed cryptocurrencies from its systemic risk list. This shift is meaningful, as subtle changes in regulatory attitude