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Wall Street investors and analysts spent months strategizing how to position for 2024. Federal Reserve Chair Jerome Powell shredded their best-laid plans in a matter of minutes.
After the Federal Reserve taking a dovish turn, the Dow Jones Industrial Average and Nasdaq 100 surged to records, while bonds soared, credit boomed and risky assets around the world rallied.
Goldman strategists lift S&P 500 foreca...
After the Federal Reserve taking a dovish turn, the Dow Jones Industrial Average and Nasdaq 100 surged to records, while bonds soared, credit boomed and risky assets around the world rallied.
Goldman strategists lift S&P 500 foreca...
![US Stock Market Continues to Carnival! Wall Street Updates New Year Forecasts Ahead of 2024](https://ussnsimg.moomoo.com/feed_image/77777013/2e825f707f1c39fc9739e26a61c220cf.jpg/thumb)
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Columns Wall Street Banks Divided on US Dollar's Future After Fed Signals Rate Cuts in 2024: Here's Why
After the Federal Reserve expressed dovish comments, Wall Street banks are predicting a possible weakening of the US dollar. Nevertheless, some large banks have taken a different position than the general consensus and believe the US currency will grow stronger in the coming year.
Fidelity and JPMorgan Bet on Stronger Dollar
● The Rest of World Struggle with Inflation and High-Interest Rates
This view ...
Fidelity and JPMorgan Bet on Stronger Dollar
● The Rest of World Struggle with Inflation and High-Interest Rates
This view ...
![Wall Street Banks Divided on US Dollar's Future After Fed Signals Rate Cuts in 2024: Here's Why](https://ussnsimg.moomoo.com/feed_image/77777017/0c49054699ed3cea91bc878d54dc56da.jpg/thumb)
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