Market Trends & Drivers - Russell 2000 上涨超过 7% [1] - 市场上涨的主要驱动力是预期美联储降息和利率下调 [1] - 借贷成本正在下降，这对市场有利 [3] - 估值反映了小盘股的许多负面消息，任何利好消息都会带来更好的市场前景 [5] Small Cap Performance & Outlook - 投资者对小公司的信心正在增强 [2] - 行业预期到 2026 年小盘股的盈利增长将优于大盘股 [2] - 自解放日低点以来，高收益率下降了 150 个基点 (1.5%) [3] - 高收益利差已回落至 2007 年的水平 [3] - 小盘股中没有盈利的公司的比例为 30%，但权重约为 18%，且这一比例有所下降 [6] - 行业普遍认为，未来六个季度小盘股的盈利增长将开始改善，未盈利公司的拖累将减少 [7] Risk Assessment - 目前的风险偏好较高，高收益利差低于 300 个基点 (3%) [7][8]

Short-maturity Treasuries fell slightly after strong US economic growth and employment data made a small dent in the market’s conviction the Fed will cut interest rates twice by year-end. https://t.co/vr2Bp5KmJg ...

Low inflation, tax cuts and falling interest rates will boost an economy hit by tariffs https://t.co/jB2hr9yxQY ...

Egypt is poised to cut interest rates again, buoyed by slowing inflation https://t.co/nJuE4mHUip ...

Japan’s two-year government bond auction met demand that was weaker than the 12-month average, as investors remain wary of the risk that the BoJ will raise rates this year https://t.co/jxNJ0nUWIA ...

Interest Rate Impact - Decreasing interest rates may reduce Circle's interest income per dollar of reserves, potentially impacting profitability [1] - Financial commentators suggest that current interest rates are "restrictive," implying potential for rate cuts [1] - Interest rate cuts could stimulate economic growth, maintaining employment levels, lowering credit costs, and boosting crypto markets [2] Crypto Market Implications - Lower interest rates could lead to cheaper loans, increased liquidity, and higher demand for risk assets, benefiting the crypto market [2] - A potential economic upswing driven by rate cuts may increase demand for crypto-native stablecoins, especially those offering high DeFi yields [2]

>> THIS IS "BALANCE OF POWER," LIVE FROM WASHINGTON, D. C. JOE: FROM BLOOMBERG'S WASHINGTON TV STUDIOS TO OUR TV AND RADIO AUDIENCES, WELCOME TO "BALANCE OF POWER." I'M JOE MATHIEU.PRESIDENT TRUMP CONSIDERING OPTIONS TO EXTEND HIS INFLUENCE OVER THE FED. A BLOOMBERG NEWS SCOOP HOURS AFTER THE PRESIDENT MOVED TO FIRE FED GOVERNOR LISA COOK. >> AN INFRACTION, SHE CANNOT HAVE AN INFRACTION.ESPECIALLY THAT INFRACTION BECAUSE SHE IS IN GEORGIA. MORTGAGES. WE NEED PEOPLE THAT ARE 100% ABOVE BOARD.JOE: SHE WILL NO ...

RT rego • (@regothetrader)the difference between our 2020 cycle and now:then:- 0% rates due to once in a lifetime ‘crisis’- people still believed their project could solve something even if it didn’t- way less to select from- casino belief was for gamblers and traders, not “investors”today:- rates high as hell, everything is expensive,- duck duck goose mentality, make quick gain and move onto the next one- way too much shit to look through- casino belief and narrative is accepted by almost everyone, and nob ...

Russian households have amassed a record amount of bank deposits as they take advantage of historically high interest rates https://t.co/2nZYbJJuPy ...

Here Are The Key Questions For Interest Rates Right Now https://t.co/itxtoucxOA https://t.co/GFN5RR3oTE ...