October 29th news, a top U.S. economist and Wharton School finance professor, Jeremy Siegel, 

has warned that the Federal Reserve may "pause interest rate cuts" at next week's interest rate meeting. 

Although investors are almost certain that the Fed will cut rates by another 25 basis points in November, if this Friday's non-farm employment report is strong, 

it could overturn these expectations.

Trump Concept Adjusts

As the U.S. election approaches, the financial market is also continuously adjusting its investment direction, 

and the most obvious strategy at present is to bet on the Trump trade.

Earlier on Wednesday, the price of Bitcoin once broke through $73,000, just a step away from its historical high. 

Currently, the token's price has stabilized above $72,000, and as of now, its increase in October has exceeded 13%, 

significantly leading the S&P 500 Index. In addition to cryptocurrencies, the stock price of Trump Media & Technology Group, 

in which Trump holds shares, has surged by 117% from last Monday to this Tuesday.

Nomura Managing Director and Head of Americas Cross-Asset Macro Strategy, Charlie McElligott, warned in the latest report that 

in recent weeks, the market has hedged too much against the election assumption that Trump and the Republican Party will take control of 

both houses of Congress. There could be a risk of reversal in various assets if Harris's support rate is higher than expected and the election ends in a deadlock.