Wall Street's 'foolish' trade is betting on early rate cuts
More than two thirds of the latest Bloomberg MLIV Pulse survey respondents said big gains for global stocks at the end of last year now look like a bad omen.
Source: afr.com
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Betting on early 2024 Fed rate cuts is 'foolish' – Orange County Register
San Francisco Fed President Mary Daly on Friday said it’s “premature” to think rate reductions are around the corner.
Source: ocregister.com
ASX 200 LIVE: ASX to slip, S&P 500 extends its rally
Shares rise at the open; S&P 500 extends its rally; Karoon Energy lowers production guidance; Bank of Japan policy decision pending; oil tops $US80 mark; Goldman’s Schiffrin sees four Fed rate cuts. Follow here for more updates.
Source: afr.com
ASX 200 LIVE: ASX to rise, Apple surge paces Wall Street higher
Shares to open up, tracking Wall Street tech rally; Apple leaps more than 3pc; Synlait ups milk price forecast; Whitehaven output soon. Follow updates here.
Source: afr.com
Logical Bullish View On US Stocks Is Flawed
Logical Bullish View On US Stocks Is Flawed Authored by Tatiana Darie, Bloomberg, It’s valid to forecast that stocks will rally yet again in 2024. It’s also a…
Source: biztoc.com