Stocks Rally on Trump’s Trade Pivot – But Is the Bull Run Peaking?
The late-week surge capped a rollercoaster October. Early in the week, fears of a new regional banking crisis and an abrupt 100% China tariff announcement had sent markets tumbling. But by Friday, calmer notes prevailed: Trump’s tone softened, a high-level U.S.-China meeting was penciled in, and Fed expectations remained dovish ts2.tech ts2.tech. Wall Street fixed-income veteran Robert Pavlik of Dakota Wealth summed up the confusion: “The market doesn’t really know what to take when Donald Trump speaks,” he said reuters.com. In practice, investors chose to focus on earnings and central bank policy rather than headlines. A run of robust third-quarter earnings – roughly 86% of S&P 500 companies topping forecasts – has underpinned confidence that corporate profits remain strong ts2.tech.
