MarketWatch: “Here’s why investors are shrugging off coronavirus earnings warnings”By admin_45 in IN THE NEWS
MarketWatch quoting DataTrek's Nick Colas:
.... "The odds that the Fed will cut rates at some point in 2020 are now 84.5%, up from 53.9% a month ago,” Colas wrote. “We came into the year with some concerns about a slowing US economy, but now markets are almost certain that the coronavirus will force the Fed’s hand"....
Read the full article here on MarketWatch!