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Susie Wiles’ Revelations Expose Tensions in Trump’s Inner Circle

                                               Susie Wiles is the first woman to serve as White House chief of staff White House Chief of Staff Susie Wiles has offered a rare, candid glimpse into the internal strains of President Donald Trump’s administration , speaking openly in a series of interviews with author Chris Whipple. Wiles, the first woman to serve as Trump’s chief of staff, described the challenges of managing strong personalities and the often turbulent dynamics within the West Wing. Across more than ten interviews, Wiles painted a picture of an administration marked by conflict over immigration enforcement, government downsizing, and the president’s governing style . She characterized Trump as having “an alcoholic’s personality,” despite being a lifelong teetotaler, explaining that he operates with a sense of boundless confidence and...

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Market Momentum Continues Post-Fed Meeting

 

The financial markets have maintained their upward trajectory following the recent Federal Reserve meeting. Investors have been encouraged by the Fed’s signals of a potential pivot in monetary policy, leading to a rally in both shares and bonds.

  • Global Gains: The MSCI world share index is on track for its seventh consecutive week of gains, a streak not seen in six years. European and Asian markets have also seen significant rises.
  • Fed’s Dovish Stance: The Fed’s dovish outlook, coupled with Chair Jerome Powell’s remarks on the end of tightening measures, has fueled optimism. Markets are now pricing in substantial rate cuts for the coming year.
  • Bond Market Rally: The 10-year Treasury yield has dipped below 4%, with a notable weekly decline, reflecting the largest drop since the early pandemic days in March 2020.
  • Mixed Economic Signals: Despite positive market movements, preliminary PMI data indicates continued challenges in the euro zone economy, potentially questioning the ECB’s current stance.

This sustained market performance highlights investor confidence in the face of changing central bank policies and varied economic indicators.

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