On Tuesday, November 5th, 2024, our nation re-elected President Donald Trump into the White House as the 47th President of the United States of America, and as of writing, the Republican Party has won the Senate and has secured majority of the House of Representatives.
Following the election’s “red sweep” results, on Thursday, November 7th, 2024, the FOMC announced its decision to cut interest rates again – this time by 25 basis points.
Without a doubt, this was a notably historic week for America. So, what does this mean for investors and how does this impact the economy? |