On November 7, the Fed cut rates for the second time in this rate cut cycle, lowering the Fed Funds rate 25bp to 4.75% (chart below, darker red line). Fed Funds rate is well above “neutral ...
US indices continue to look bullish, but at this point it also looks like they are trying to work off some of the bigger froth, and this means that we are likely to see a continuation of the overall ...
Both the Dow and the Nasdaq are +80 points at this hour ... All eyes will be trained, instead, on the announcement of Fed rate policy this afternoon at 2pm ET. Expectations are for a 25 bps ...
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