In my opinion, the necessary fuel for a gap-up and Santa Rally is for the FOMC's overall communication to be less hawkish than the prevailing cautious market consensus anticipates. If the 2026 dots confirm a sustained, multi-year easing path, the risk-on environment will be reinforced, leading to a strong finish for the year.
Circle Stock Soars 10% as Its Rival Tether Stablecoin Rating Slashed By S&P
Circle stock surged 10% on Friday. Tether was downgraded by S&P Global on Wednesday, reigniting questions about whether the world’s largest stablecoin can maintain its peg to the U.S. dollar.S&P said...