Another 25bp Rate Cut! What's next for the market?
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$SPDR S&P 500 ETF (SPY.US)$ The thought just crossed my min...
$SPDR S&P 500 ETF (SPY.US)$ The thought just crossed my mind; if J Powell thinks Trump will fire him anyway and the market is fully pricing in a 25bp cut and then Jay decides to hold rates steady, it could potentially tank the market.
Especially since we're already overextended and just below MAJOR resistance. Interesting thought.
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AGP : 25 basis points