Crain’s NY: “Dow, S&P 500 hit new record highs, but don’t call it a ‘top'”
By admin_45 in IN THE NEWS
Excerpt from Crain's New York Business quoting DataTrek Research:
.... "In fact, after Powell's dovish words the odds of a 50-basis point jumped to 27% from 3%, according to DataTrek Research. But wait, there's more: The market now reckons there's a 71% chance of another a rate cut in September, too"....
Read the full article here on Crain's NY!