The Fed is expected to cut interest rates for the first time in 11 years on Wednesday. Brian Rehling, co-head of global fixed income strategy at Wells Fargo Investment Institute, and Vince Reinhart, chief economist at Mellon, join "Squawk Box" to discuss.
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Here’s how the stock market tends to perform after a Fed rate cutThe Federal Reserve cut benchmark borrowing costs for the first time in more than a decade on Wednesday. Here’s how the stock market has reacted to cuts in... StockMarket already factored in 0.50% ratecut, so even if FED would cut it by 0.50% it would not resulted in $DJI or $SPX to go up. $DJI or $SPX was going up on promises of ratecuts since December 24, 2018 crash How long would 0.25% cut hold the Market before next Crush?
Source: MarketWatch - 🏆 3. / 97 Read more »
Dow, S&P 500 fall after after Fed rate cut, but stock market breadth remains positive.The Dow Jones Industrial Average sank to a triple-digit loss in afternoon trading Wednesday, after the Federal Reserve's decision to cut its target on... Quater point won't do it. .75%(at least) has already been priced in. Keep blowing J.P. StockMarket already factored in 0.50% ratecut, so even if FED would cut it by 0.50% it would not resulted in $DJI or $SPX to go up. $DJI or $SPX was going up on promises of ratecuts since December 24, 2018 crash How long would 0.25% cut hold the Market before next Crush?
Source: MarketWatch - 🏆 3. / 97 Read more »
U.S. markets gyrate after Fed cuts rates, stocks fallWall Street turned negative after Federal Reserve Chairman Jerome Powell in a pr... U.S. markets twerk after Fed cuts rates, stocks drop to the flo Powell's conference is supposed to manage expectations! In the past chairmen were smarter & more cautious! powell is a bad communicator and one misunderstanding can cost billions! POTUS Bet they will go up tomorrow!
Source: Reuters - 🏆 2. / 97 Read more »