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Fed Rate Cut Back on the Table? Here’s What It Means for Your Money

Markets Rally as Fed Signals Possible December Rate Cut November 24, 2025
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Changes in the Market are on display Markets in Flux: As the Fed Weighs Rate Cuts, Bulls and Bears Brace for Impact

Good Morning,

Markets are climbing as new signs point to a possible Federal Reserve rate cut in December. Investor hopes are rising after a sharp shift in expectations, with inflation cooling and futures pricing in easier policy ahead. We break down what’s changed, why it’s lifting stocks, and what to watch before the Fed’s next move. If you're exposed to interest-sensitive sectors or big on tech, this one's for you.

Saudi Arabia slashes its Public Investment Fund budget by 20% due to falling oil prices, threatening global projects like Neom, Nvidia warns of major revenue losses amid U.S.-China export bans on AI chips, and a surprising majority of high-income Americans report financial stress, signaling potential weakness in consumer spending.

Don't forget to voice your opinion in my polls below.

Here are your Morning Bullets.

– Truly yours, Fred Frost


📈 Yesterday's Market Recap

Friday brought a much-needed bounce for U.S. markets after a bruising week, with the Nasdaq clawing back 0.9% and the S&P 500 up 1.2%, fueled by renewed Fed rate cut hopes. But don’t pop the champagne—Bitcoin’s 6% tumble to near $80K and ongoing AI stock volatility kept nerves on edge. Here’s what moved the needle yesterday.


  • Nasdaq’s Rebound: Tech stocks led a 0.9% recovery, shrugging off AI bubble fears for a day, though weekly losses still sting at 3%. → CNBC

  • Bitcoin’s Brutal Slide: Crypto took a hit, dropping 6% to hover at $80,548, dragging down related stocks like Robinhood (-12.4% weekly). → MarketWatch

  • Bond Yields Dip: Treasury yields eased, with the 10-year at 4.147%, as slowing jobs data bolstered rate cut bets. → Fox Business


📉 Daily Performance Snapshot

Index/Asset Closing Value Change
S&P 500 6,538.76 -1.56%
Nasdaq 22,078.05 -2.15%
Dow Jones 45,752.26 -0.84%
Gold $4045.70 -0.35%
Crude Oil $58.37 -1.07%
Bitcoin $81,589 -11.15%
10-yr Treasury Yield 4.106% -0.65%

🔭 What to Watch Today

Today’s calendar isn’t just about holiday prep—key events could sway markets as we head into Thanksgiving. From earnings releases to consumer data hints, here’s what to keep an eye on.

  • Pony AI Earnings (After Close): Pony AI reports Q3 results today, following a 2.68% premarket bump on its China expansion news. Expect focus on autonomous vehicle growth. → Benzinga
  • Thanksgiving Travel Rush Begins: FAA projects over 360,000 flights this week, with Tuesday as the peak. Weather and shutdown recovery could impact logistics stocks. → AP News
  • Consumer Spending Signals: With holiday shopping kicking off, early retail data could preview consumer strength—or weakness—amidst a pressured S&P 500 sector. → MarketWatch

  • 💡 Opportunity Watch

    Amidst market turbulence, a few corners of the financial world are showing promise. Whether it’s resource-rich markets or undervalued plays, here are three opportunities to consider as we navigate the holiday stretch.

    • Canadian Stocks (S&P/TSX Composite): Up 25% in 2025, Canada’s resource-heavy market outperforms the U.S. with stability and uranium/infrastructure plays like Cameco and Stantec. → MoneyWeek
    • Cigna (CI): Trading at a 29% discount to fair value, Cigna offers a 2.3% dividend yield and 40% upside potential by 2026 despite PBM risks. → Seeking Alpha
    • Bitcoin & Crypto Market: BTC holds at $86K as the crypto market tops $3T, with XRP and Dogecoin gaining on ETF news—rate cut hopes add fuel. → StockTwits

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    🔥 The Big Bullet

    Fed Signals December Rate Cut May Be Back On the Table

    What happened: After weeks of uncertainty, the Federal Reserve may be changing its course. New reporting shows that traders are once again expecting a possible interest rate cut in December. Just last week, market sentiment leaned the other way, suggesting that the Fed would hold rates steady. But fresh inflation data and signs of slowing job growth appear to have shifted expectations. Wall Street analysts are now putting the odds of a rate cut at more than 60%. Stocks reacted quickly. Futures for the Dow Jones and S&P 500 climbed on the news, reflecting renewed investor optimism.


    Why it matters: Interest rates directly impact borrowing costs for consumers and businesses. A cut in December would likely reduce the cost of loans and mortgages, which could support more spending and help boost the economy. For investors, lower rates can lift stock prices by making bonds and savings accounts less attractive. The Fed’s move would also mark a significant policy shift after a long stretch of tightening. Analysts believe it could offer a much-needed tailwind for sectors like tech and housing. Even cryptocurrencies have been responding to changing interest rate expectations. But there’s a catch: rate cuts usually mean the economy is slowing down more than expected, so the optimism is balanced by concern.

    What’s next: All eyes will be on the Fed's next meeting in mid-December. Investors will closely watch new inflation numbers, job reports, and Fed speeches for hints. If inflation continues to cool and job growth stays modest, the Fed may feel pressure to act. But if prices surprise on the upside, a cut could be delayed again. Market volatility may increase as speculation rises. Expect more daily swings in stocks, bonds, and currencies. Global markets are already reacting, with investors worldwide adjusting their portfolios in anticipation.


    Reader Feedback

    Last week, I asked you: Which of the following do you think best explains the late-day market drop? The majority of you at 50% said "Rising rates and Fed worries scared buyers”

    Micheal from Texas replied: "I think the market fell late because people got scared that rates might go up and the Fed could make things harder."

    As always if your opinion is not here, or you want to throw your two cents at me, reply to the E-mail, and let me know your exact thoughts.


    🧭 Policy & Market Ripples

    • Saudi PIF Cuts: Oil’s drop to $61/barrel forces a 20% budget slash at Saudi’s $941B fund, stalling Neom and hitting global jobs. → World Finance
    • Nvidia’s China Plea: CEO Jensen Huang pushes for U.S.-China trade ease, citing a $50B AI chip market—export bans forecast zero sales for two quarters. → Fox Business
    • Six-Figure Anxiety: 64% of U.S. high earners ($200K+) feel financially strained, skipping meals and social events—consumer spending could take a hit. → CNBC

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    📜 This Day in History – November 24

    November 24 is an inflection point kind of date, when ideas, institutions, and technologies quietly rewired how humans learn, work, and measure the world.

    Darwin’s original 1859 book 'On the Origin of Species' with finch sketches

    1859 – Charles Darwin published On the Origin of Species, introducing evolutionary theory, a scientific shift that reshaped biology, economics, and every discipline touched by systems thinking.

    1932 – The FBI Crime Laboratory opened, institutionalizing forensic science and setting quality standards for evidence in the modern justice system.

    1966 – The first major demonstration of IBM’s System/360 Model 67 took place, showcasing time-sharing computing — a conceptual ancestor of today’s cloud infrastructure.

    1977 – British Airways and Air France inaugurated regular Concorde service between Europe and New York, proving that supersonic travel could be commercially viable — at least for a while.

    Yesterday, 82% of you chose the right answer to the trivia question: To invest surplus government revenues—often from natural resources or trade surpluses—for long-term national benefit


    The speed of your success is limited only by your dedication and what you’re willing to sacrifice.
    – Nathan W. Morris
    Thanks for Reading.

    Stay Sharp. Stay Focused.
    Fredrick Frost
    Editor, MorningBullets

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