Donald Trump’s win and the Fed’s latest rate cut fueled the best week of 2024 for the U.S. stock market. The S&P 500 and the Dow Jones capped their biggest weekly gain since early November 2023, up 4.
Two-month T-Bills are now yielding about 4.50%, down 0.75% after the Fed cut interest rate last week and in September. This translates into annual interest savings of $45 billion. The latest ...