BLOOMBERG Bloomberg Markets Balance Of Power July 14, 2024
Numbers. Consumers are showing up and helping. The markets are counting on the fed cutting. Yelena the fed told us they want to see the whites of the eyes and chair powell said it is too premature. I think of the economy will hold up just fine, that is what we see in the data you just mentioned. Consumer spending is showing us it is ok. Then we are seeing the fed will remain on hold. Having said that, i think it will be markets that will determine what happens next. We do expect a couple of cuts at the december meeting. We will have to wait to see that. Marketsket david are waiting with bated ...
Source: archive.org