Trump’s presidential victory sparked a broad market rally, with investors piling into assets in hopes of business-friendly policies and fiscal stimulus under the new administration. Bitcoin made some of the biggest waves while US stock indices also reached record highs. However, the excitement cooled slightly towards the end of the week as the Fed and Bank of England both intervened with a 25 basis point cut in interest rates and traders took profits from “Trump trade” positions. How did major assets react to major catalysts this week? We break them down for you:
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