ilmscore | Markets Fall After Trump Rally & Americans Keep Spending Money

Markets Fall After Trump Rally & Americans Keep Spending Money

Published: 2024-11-16
Status: Available | Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Topic
Status
Bitcoin surpassed $90,000, reaching a new record high, contrasting with a significant drop in gold prices.
"Gold had its worst week since 2021. While Bitcoin broke a new record high of over $90,000 a coin."
BTC
Pending
Donald Trump's stated policies suggest potential deregulation in oil/gas and financial services, and increased investment in military and space sectors, potentially benefiting related companies. He also indicated a desire for a drastic cutting of interest rates in 2025.
"Donald Trump has talked about how he wants to invest in the military, how he wants to deregulate oil and gas, how he wants to deregulate financial services, how he wants to invest in space, and how he wants to deport many illegal immigrants, which benefits private prisons."
Interest Rates
Pending
Home buyer demand significantly increased in the week following the election, reaching its highest level in a year, indicating a post-election surge in the housing market.
"Redfin, who was one of the largest real estate companies in the country, said that home buyer demand has picked up after the election was over. What it said is that home buyer demand last weekend after the election was up to the highest level that we have seen in a year."
Housing Market
Pending
Mortgage rates are likely to rise due to increasing 10-year Treasury yields, even though the Federal Reserve has cut interest rates. This suggests the 10-year yield is a primary driver for mortgage rate changes.
"And the 10-year yield has been rising despite the Federal Reserve Bank cutting interest rates. ... And this week as the stock market was falling, we saw the 10-year yield rising. Which means if you're going out to get a mortgage, chances are you'll probably be hearing that mortgage rates are rising in the coming days. And the reason why is not because the Federal Reserve Bank is raising rates. ... It's because the 10-year yield has been rising."
Mortgage Rates
Pending
The speaker's personal investment portfolio is allocated as follows: 50% real estate (cash flow), 30% stocks (half passive ETFs/index funds, half individual stocks, with a significant portion paying dividends), 18% speculative assets (cryptocurrencies, startups), and 2% physical gold.
"50% of my investments are real estate. That's cash flow producing. 30% of my portfolio is stocks. Half of that is passive. Half of that is active, which is investing in individual companies? The other half is active, which is investing in individual companies? But a big chunk of my stocks are paying out dividends? 18% is speculative. That's things like cryptocurrencies and startups? 2% is physical gold."
Investment Portfolio Allocation
Pending