The tastylive network Macro Money - November 10, 2025 - Stocks Surge on US Government Shutdown Deal: Is This Real?
Nov 10, 2025
Stocks experienced a surge following a Senate deal to end the US government shutdown, raising questions about the longevity of this rally. The discussion delves into the impact of Fed policies, consumer confidence, and inflation expectations on market sentiment. Analysts examine the implications of strong earnings against a backdrop of bearish moves and highlight a crucial S&P consolidation range to watch. Additionally, currency reactions and the potential market disconnect with Fed projections provide insight into future trends.
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Fed Messaging Drove Last Week's Selloff
- Stocks and Bitcoin fell sharply last week while rates were relatively calm, signaling a sentiment-driven selloff.
- The Fed's messaging on December cuts drove the market move despite solid earnings.
Earnings Strength Couldn't Rescue Sentiment
- Corporate earnings showed strong growth but markets punished stocks more than usual after negative surprises.
- Sentiment deterioration outweighed positive earnings, pointing to a risk-aversion regime.
Consumer Confidence Reverted To Weak Levels
- Consumer confidence plunged back to early-tariff-scare levels, signaling weak household consumption.
- Weak sentiment and consumption pose a clear drag on the economy despite firm corporate earnings.