Wall Street closes up on tech boost; inflation data dents hopes for big Fed rate cut
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Goldman Sachs Still Sees 25bps Easing by Fed Next Week, Sees 25bps in Nov and 25bps in Dec, Total Cuts by Y/E of 75bps
September 13, 2024 3:34 PM EDTGoldman Sachs Still See 25bps Easing by Fed Next Week, Sees 25bps in Nov and 25bps in Dec, Total Cuts by Y/E of 75bps
The analyst comments "Jan Hatzius reiterates our view that the US labor market is slowing but not lurching towards recession in a fresh Global... More
Cit Lowers Easing Expectation to 25bps by Fed Next Week, Sees 50bps in Nov and 50bps in Dec, Total Cuts by Y/E of 125bps
September 13, 2024 3:31 PM EDTCit Still Sees 25bps Easing by Fed Next Week, Sees 50bps in Nov and Dec, Total Cuts by Y/E of 125bps
The analyst comments "Labor market data show an economy sliding toward recession with the rise in the unemployment rate likely to accelerate in coming months. We... More
SPDR S&P 500 ETF Trust (SPY) Retraces Loss, Trades Unchanged Now
September 11, 2024 1:15 PM EDTSPDR S&P 500 ETF Trust (NYSE: SPY) Retraces Loss, Trades Unchanged Now
... More