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