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Bloomberg: “Stocks Bounce as Yields Drop in Countdown to Fed: Markets Wrap”

By admin_45 in IN THE NEWS Bloomberg: “Stocks Bounce as Yields Drop in Countdown to Fed: Markets Wrap”

Excerpt from Bloomberg quoting DataTrek co-founder Nick Colas:

.... "Nicholas Colas at DataTrek Research expects the Fed’s boss to sound much like his Jackson Hole speech at the end of August: “unapologetically resolute.” While fed fund futures are pricing in a possible cut or two in rates next year, Colas noted the central bank’s new economic projections may change that scenario"....

Full article here on Bloomberg!

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