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Gordon Reid's Top Picks for Dec. 16, 2025 [BNN Bloomberg (Canada)]
Last amazon.com, inc. earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
MARKET OUTLOOK: As expected, the U.S Federal Reserve has cut interest rates, but more important, perhaps, were the dovish statements and tones surrounding the meeting. The market rewards lower rates but sometimes discipline and a long-term view may be safer and more constructive. It is well known that U.S. President Donald Trump is a real estate investor and transactional in nature. As a politician, he is motivated to be a short-term thinker. The bond market will have its say. While the U.S Federal Reserve's action controls the short end of the yield curve, the long end of the yield curve is bond market territory. The likely result will be a steeper yield curve, very positive for banks. For this reason, Goodreid is overweight money centre banks. Watch for reports on the labour market. A continued weakening of the jobs market may temporarily slow the dovish narrative from the U.S Federal Reserve. The other mandate that the Fed has, is inflation, which is at risk of moving
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