Cow Moo-ney commented on a stock · Aug 25, 2024 18:42

Rate cut signals by Powell

Powell's comments at the Jackson Hole symposium had boosted market confidence on an interest rate cut in Sep.

Market is now anticipating about 70% chance of a 25pbs cut and about 30% chance of a 50pbs cut.

Many tech stocks jumped as a result

https://youtu.be/UITAs2Heyr8

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Cow Moo-ney

Successful investing is about managing risk, not avoiding it. DYODD Support my YouTube channel: Jay el

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