🧵 1. Nvidia CEO Jensen Huang's bold moves boosted NVDA by $250 billion, lifting market spirits and sparking a rally after a day of indecision on key events. #finance
🧵 1. Nvidia CEO Jensen Huang's bold moves boosted NVDA by $250 billion, lifting market spirits and sparking a rally after a day of indecision on key events. #finance
🧵 2. Debate hype: Kamala seen as winner in online betting, but broader sentiment uncertain post Reuters poll. Market reacts with Democratic assets surging.
🧵 3. Buckle up for inflation: CPI report shows core CPI above expectations with housing inflation rising. Speculation grows on Fed rate cuts and market impact.
🧵 4. Market whirlwind: Initial reactions to impending Kamala victory saw dollar, yields, and crypto hit, then reverse. Volatility abounds in the fast-paced market.
🧵 5. Fed rate anticipation: Market bracing for potential significant rate cuts by Powell. History shows markets may overestimate expected cuts.
🧵 Read more at: https://www.zerohedge.com/markets/jensen-saves-day-nvidia-ceo-sparks-market-meltup-sends-nvda-250-billion-higher