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Fed's Schmid: Lower Rates Would Be Appropriate If Inflation Continues to Fall
Wall Street Breakfast FM-Radio | August 9, 2024
Understand the global market in five minutes, all on Financial Breakfast.
Fed Rate-cut Fervor Is Gripping Wall Street Again. That Could Set up Markets for Another Trap.
Risk Assets Finally Looking up After Scary Monday
Emerging markets stock market continues to suffer from bleeding, Vanguard etf has experienced the longest withdrawal since the outbreak.
As of this Wednesday, the largest investment in individual stocks, Taiwan Semiconductor, has seen continuous net outflows of funds for 10 trading days for the Vanguard Emerging Markets ETF (VWO), with investors withdrawing a total of 2.12 billion US dollars. However, analysts have been raising profit expectations for MSCI Emerging Markets Index component stocks for nine consecutive weeks.
Fed's Barkin: Lack of Job Growth Is the Real Concern