The 'Trump trade' is winding down, and the Fed's rate plans are back in focus
The global head of macro strategy at Wells Fargo Securities said the Trump trade "is done for now."
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- Investors are shifting their focus from the 'Trump trade' to the Federal Reserve's interest rate decision.
- The 'Trump trade' refers to market strategies anticipating a second Trump presidency.
- Fed Chair Jerome Powell has signaled rate cuts as inflation cools.
Barely a week after the failed assassination of former US President Donald Trump, investors are already moving on from the "Trump trade.
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