assett’s comments came in an interview with Fox, where he stated that U.S. equity markets celebrated once it became clear that President Donald Trump was inching closer to a decision.
The economist pointed to Trump appointee to the Fed, Michelle Bowman, advocating for loosening capital requirements, and the passing of the GENIUS Act as threats to financial stability.
Broad market participation improved again on November 26, with over 70% of stocks advancing and more names reclaiming key moving averages. While major indices approach overhead resistance zones, breadth metrics remain supportive of continued upside. However, some caution is still warranted as many stocks are testing recent highs from below.
Global equity markets are set to continue their upward trajectory in 2026, albeit at a more measured pace than the strong performance witnessed throughout 2025. A recent Reuters poll, surveying a broad spectrum of economists and market strategists, indicates a prevailing sentiment of tempered optimism, with key indices like the
Data from popular prediction markets Kalshi and Polymarket show that bets regarding the Fed Chair pick on both platforms are now worth over $9 million.
Tuesday, November 25, brought another solid rebound in market breadth, marking three strong sessions out of the last four. Broad participation continues to improve across all major indices, with IWM notably testing a major breakout level. While short-term breadth has shifted firmly positive, the market now faces a critical test at overhead resistance.
