sourced from China, but the increases were not enough to offset rising costs.
Emanuel said cyclical parts of the market could benefit more from lower interest rates, including energy and financials. Just the recent rise in long term rates, shows that the market believes the Fed will succeed in fending off a recession, Emanuel said. The Fed's anticipated rate cut is unusual in that it comes at a time of very low unemployment and an economy that is growing at trend of about 2%. The economy added a surprisingly strong 224,000 jobs in June, and there was an unexpected pickup in consumer inflation, with core CPI rising at a 2.1% pace year over year, one of the highest readings during the recovery.
But there is a risk from too easy central bank policy, and some investors are worried about the Fed creating a bubble.
PAHMP IT !!!! PAHMP THE PONZI !!!!
Fuck the down, but $btc
Market already figured this one out long ago
35000
Not possible.
Rate cut is good for stocks...but doesn't that mean there is weak economic data for everyday Americans.
Silly, but you are CNBC
Great to hear that Wall St is doing amazing. Wish I could say the same...