|
Click here to read this on StonyFinLab.org
|
|
|
|
|
|
|
|
|
|
Featured Student Column: Economy Research Report
Potential Market Changes After Presidential Election 2024
|
|
Lead Analyst: Seungyun Nam*
|
|
Analyst: Maxwell Rodriguez*
|
|
Research Assistant: Daniel Lu*
|
|
|
|
|
This report provides a comprehensive analysis of the key policy pledges made by presidential candidates Donald Trump and Kamala Harris, exploring the potential economic and market impacts of their proposals. As both candidates offer markedly distinct visions for America’s future, their policies cover wide-ranging areas such as the energy industry, manufacturing, taxes, environmental regulation, and immigration. Each policy is examined not only for its immediate effects but also for the potential longer-term implications on industries, the labor market, consumer prices, and financial markets.
|
|
|
|
|
|
|
|
|
The article discusses investors' optimism about a potential Trump presidency in 2025, expecting policies like tax cuts, deregulation, and increased spending to boost markets. However, it argues that this optimism may be flawed due to different economic conditions, including higher inflation and a more hawkish Federal Reserve. Overall, the article warns that investors may be overestimating Trump's ability to enact significant economic changes.
|
|
|
|
|
|
The article reports that the U.S. economy added 150,000 jobs in October 2024, which was below economists' expectations of 180,000. The unemployment rate remained steady at 3.9%, while wage growth increased by 0.2% for the month and 4.1% year-over-year. Overall, it reflects a slowing but still resilient job market amid broader economic uncertainties.
|
|
|
|
|
|
|
China is reviewing a plan to let local governments raise debt to boost economic growth. The aim is to fund infrastructure projects amid slowing momentum. However, concerns arise over the sustainability of increasing already high debt levels. This could heighten financial risks, especially in the property sector. The move reflects China's challenge of balancing growth with financial stability.
|
|
|
|
|
|
|
The article highlights that Coinbase Global, Inc. (COIN) is attracting significant investor attention due to increased options trading activity. This surge in interest suggests that investors are speculating on future price movements, with a notable focus on call options, which typically indicate bullish sentiment. The stock has seen volatility amid broader market trends and regulatory scrutiny in the cryptocurrency sector. Overall, the heightened options activity reflects growing interest in Coinbase's potential performance.
|
|
|
|
|
|
|
|
Thanks to our members and volunteers (Seungyun Nam, Rishi Jain and Daoqi Fang) for contributions to this newsletter.
To share information or research with the community, submit it through "Share" below. We will include it if the content is deemed appropriate.
Support our efforts to make free and useful financial education content by donating to @stonyfinlab via Venmo!
|
|
|
|
|
|
|
|
Stony Finance Lab is a community-based finance network that aims to promote personal financial responsibility and helps the community to achieve financial confidence and financial independence through life-long learning. The emails are to distribute news and information on finance research, events, jobs related to personal finance, investments of financial and digital assets, academic finance, and entrepreneurship. All emails are for information sharing only and shall not be deemed as financial advice. The Lab is not liable for the consequence of using any information contained in the emails.
|
|
To subscribe to our mailing list using an alternative email address:
|
|
|
|
|
|
To unsubscribe from our mailing list:
|
|
|
|
|
|
|
|
