President Trump nominates self as Shadow Fed chair, bond and stock relationship shifting

From Investing.com: 2025-07-01 03:21:00

President Trump nominated himself as the Shadow Fed chair, calling for an overnight rate of 1%. DOGE and the new tax bill failed to lower rates, leaving jawboning as the only option. The bond and stock relationship is shifting as rates and stocks move lower. The dollar is also declining, signaling potential slowing growth. Weak US data could trigger a breakdown in rates. The S&P 500 and Nasdaq are overbought, while repo rates spiked to 4.57% for quarter-end. The Fed provided liquidity through the Standing Repo Facility. Liquidity impacts may have a delayed reaction.



Read more at Investing.com: S&P 500: Can Bulls Resist Intensifying Overbought Signals?