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2024
November
6
📰 HARRIS TO DELIVER REMARKS AT HOWARD UNIVERSITY AT 4 PM (2100 GMT) -WHITE HOUSE

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📰 HARRIS TO DELIVER REMARKS AT HOWARD UNIVERSITY AT 4 PM (2100 GMT) -WHITE HOUSE

November 6, 2024

HARRIS TO DELIVER REMARKS AT HOWARD UNIVERSITY AT 4 PM (2100 GMT) -WHITE HOUSE

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📰 PREDICTION MARKETS OUTSHINE TRADITIONAL POLLS Polls failed again in the US election, but Prediction markets like @Kalshi called it right from the start, showing the increasing accuracy of betting markets in election forecasts https://t.co/BtZKUnt7bf

📰 FED FACES COMMUNICATION CHALLENGE AFTER TRUMP WIN It is beyond the Fed’s mandate to react to anticipated fiscal-policy changes, but that backdrop will be on central bankers’ radar right away, Jefferies Global Head of FX Brad Bechtel tells The Wall Street Journal. “Jay Powell has proved himself very effective at communicating, at keeping the ball right down the middle of the fairway,” Bechtel says. “I don’t think he’ll necessarily explicitly talk about any increased spending, but he’ll know in the back of his mind that there will be a positive economic impulse.” More Fed cuts this year are likely, but the central bank may hold rates steady next year at a higher rate than they would have under a Harris administration, Bechtel says.

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