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CNBC Closing Bell July 14, 2024 - Vimarsana News

CNBC Closing Bell July 14, 2024

Weak in the session. Joining us is josh brown welcome back. Good to be here are you also in celebration mode after jay powell . Im also in celebration mode. We got all but a promise of a rate cut i think in july. Theyre going to do it. I said earlier, he foamed the runway for what ithink the market knew he was going to do the thing is, i dont think its necessary, but i also dont think its harmful a 25 basis point rate cut most likely, the best example of Something Like this, that i can think of from recent history is 1995 you had a new alltime high in the stock market the day they did the cut,...

CNBC Fast Money July 14, 2024 - Vimarsana News

CNBC Fast Money July 14, 2024

High for more on what powell said and what we learned from todays fed minutes, senior economics report Steve Liesman is here. In the house. Onset in the house how am i supposed to cover the Federal Reserve when you put up a graphic like powellpalo oo, za what is wrong with that it captures the sentiment celebrate good times i was doing that. If you goad them in the control room, they will take the bait every time yes. So i think it was powellpalooza is not a bad way to characterize it it had every opportunity to push back on the market being darn sure there was a rate cut. Instead of pushing t...