US, BRENT CRUDE FUTURES FALL BY MORE THAN $4 A BARREL
(@WalterBloomberg)
(@WalterBloomberg)
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TRUMP'S VETO POWER COULD BLOCK DEMOCRATIC AGENDA
Despite sweeping midterm victories, Democrats lack the two-thirds majorities needed to override President Trump's vetoes.
Trump can reject legislation within 10 days, excluding Sundays, while a pocket veto can permanently block a bill if Congress adjourns during that period.
Trump has already signaled his intentions, posting a red “VETO” cap on Truth Social.
However, Democrats can still use congressional oversight, investigations and legislative pressure to challenge the administration.
(@WalterBloomberg)
Despite sweeping midterm victories, Democrats lack the two-thirds majorities needed to override President Trump's vetoes.
Trump can reject legislation within 10 days, excluding Sundays, while a pocket veto can permanently block a bill if Congress adjourns during that period.
Trump has already signaled his intentions, posting a red “VETO” cap on Truth Social.
However, Democrats can still use congressional oversight, investigations and legislative pressure to challenge the administration.
(@WalterBloomberg)
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US EXTENDS NATIONAL EMERGENCY ORDERS RELATED TO CHINA, IRAN
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US CRUDE FUTURES FALL BY MORE THAN $5/BBL, BRENT CRUDE FUTURES DOWN BY MORE THAN $7/BBL
(@WalterBloomberg)
(@WalterBloomberg)
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TRUMP ASKING ADVISERS IF HEGSETH SHOULD GO, SOURCES SAY
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(@WalterBloomberg)
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TRUMP CONSIDERS REPLACING DEFENSE SECRETARY HEGSETH AFTER GOP DEFEAT
President Trump is privately asking advisers whether Defense Secretary Pete Hegseth should remain in office, CBS News reports, citing multiple sources.
The discussions follow Republicans' sweeping midterm losses, which Vice President JD Vance blamed on the Iran war.
Florida Governor Ron DeSantis is reportedly being floated as a possible replacement, although Trump has made no decision.
Democratic control of Congress could also increase pressure for Hegseth's impeachment.
(@WalterBloomberg)
President Trump is privately asking advisers whether Defense Secretary Pete Hegseth should remain in office, CBS News reports, citing multiple sources.
The discussions follow Republicans' sweeping midterm losses, which Vice President JD Vance blamed on the Iran war.
Florida Governor Ron DeSantis is reportedly being floated as a possible replacement, although Trump has made no decision.
Democratic control of Congress could also increase pressure for Hegseth's impeachment.
(@WalterBloomberg)
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HEGSETH'S EXIT ODDS SURGE AS TRUMP WEIGHS REPLACEMENT
Trump is privately discussing replacing Defense Secretary Pete Hegseth after Republicans’ midterm defeat, CBS reports.
Prediction markets now price an 88% chance Hegseth leaves before April 2027, with 84% before February.
Even a departure before December carries 56% odds.
Trump has made no decision.
(@WalterBloomberg)
Trump is privately discussing replacing Defense Secretary Pete Hegseth after Republicans’ midterm defeat, CBS reports.
Prediction markets now price an 88% chance Hegseth leaves before April 2027, with 84% before February.
Even a departure before December carries 56% odds.
Trump has made no decision.
(@WalterBloomberg)
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DOW JONES EXTENDS GAINS TO HIT TWO-MONTH HIGH; LAST UP 2.95%
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(@WalterBloomberg)
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US HOUSE DEMOCRATIC LEADER JEFFRIES: HAVE NOT HEARD FROM TRUMP
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(@WalterBloomberg)
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SCHUMER VOWS TO END IRAN WAR USING DEMOCRATS' NEW CONGRESSIONAL MAJORITY
Senate Democratic leader Chuck Schumer declared that Democrats will move to end the Iran war, citing Congress's constitutional authority over federal spending.
“We are going to end the war,” Schumer said Wednesday, emphasizing that some Republicans already support efforts to halt the conflict.
Congress previously passed measures calling for an end to hostilities, including a September House resolution backed by seven Republicans.
(@WalterBloomberg)
Senate Democratic leader Chuck Schumer declared that Democrats will move to end the Iran war, citing Congress's constitutional authority over federal spending.
“We are going to end the war,” Schumer said Wednesday, emphasizing that some Republicans already support efforts to halt the conflict.
Congress previously passed measures calling for an end to hostilities, including a September House resolution backed by seven Republicans.
(@WalterBloomberg)
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S&P 500 HAS RISEN AFTER EVERY US MIDTERM ELECTION SINCE 1942
The S&P 500 has delivered positive returns in the 12 months following every US midterm election since 1942, according to Dow Jones Market Data.
🔸 Average one-year gain: Approximately 13%
🔸 1954 midterms: +33%
🔸 1994 midterms: +27%
🔸 1986 midterms: +1%, despite the 1987 market crash
The historical winning streak has persisted regardless of which political party gained control.
(@WalterBloomberg)
The S&P 500 has delivered positive returns in the 12 months following every US midterm election since 1942, according to Dow Jones Market Data.
🔸 Average one-year gain: Approximately 13%
🔸 1954 midterms: +33%
🔸 1994 midterms: +27%
🔸 1986 midterms: +1%, despite the 1987 market crash
The historical winning streak has persisted regardless of which political party gained control.
(@WalterBloomberg)
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TRUMP ON ELECTION: IT'S LARGELY TRUE ELECTION LOSS WAS RESULT OF IRAN WAR
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TRUMP: I'LL GET ALONG PROBABLY WITH THE DEMOCRATS
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(@WalterBloomberg)
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TRUMP: IF I WERE ON THE BALLOT WE WOULD HAVE WON
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(@WalterBloomberg)
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TRUMP: WE WEREN'T ABLE TO TRANSFER THE LOVE TO CANDIDATES
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(@WalterBloomberg)
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TRUMP SAYS `I'LL GET ALONG PROBABY WITH THE DEMOCRATS UNLESS THEY WANT TO BE DESTRUCTIVE'
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(@WalterBloomberg)
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TRUMP: IT WOULD DESTROY DEMOCRATIC PARTY IF THEY IMPEACHED ME
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*TRUMP: VANCE POST WAS GOOD, I KNOW HOW VANCE FEELS ABOUT WAR
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