"Trump could roll back environmental policies, though broadly overturning the (Inflation Reduction Act) looks unlikely due to its positive impacts in red states," analysts noted, referring to states that are Republican leaning. The main bullish risk for oil markets under a Trump presidency would be would be pressure on Iran, they added, though this could have a limited impact.
(Bloomberg) -- Wall Street traders betting the Federal Reserve will be able to engineer a soft landing spurred a rally in riskier corners of the market, with stocks rebounding after a selloff that jolted markets around the globe.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerI Changed My Mind. The Fed Needs to Cut Rates Now.Wall Street Goes Risk-On After US Economic Data: Markets WrapMarkets Tear Up Popular
(Bloomberg) -- Treasuries held onto their recent gains as traders weighed signs of a resilient US economy against calls for quicker interest-rate cuts from the Federal Reserve.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerI Changed My Mind. The Fed Needs to Cut Rates Now.Wall Street Goes Risk-On After US Economic Data: Markets WrapMarkets Tear Up Popular Trades That Reached ‘Stupid Levels’US government debt
