Due to the US presidential election last week, I contributed three articles on Monday, Wednesday, and Thursday.
Not only did Trump win decisively, but the Republican Party has already secured 53 seats out of 100 in the Senate, including non-contested seats.
In the House, where all seats are contested in single-member districts, counting continues, but Republicans have secured 213 seats, approaching the majority threshold of 218.
Looking at the map, it’s striking how almost the entire United States is colored red (Republican).
While international investors typically consolidate their positions in November to prepare for year-end, since Trump won’t actually take office until January 20 next year, this period will likely be used to formulate future strategies.
At last week’s FOMC meeting on November 7, an additional 0.25% rate cut was announced.
While this didn’t receive much attention due to its timing right after the presidential election and meeting expectations, Chairman Powell made significant statements during the press conference.
What caught my attention was Powell’s explicit statement that downside risks to the US economy have receded.