300 stocks on the New York Stock Exchange hit new highs, the most since March of 2024, suggesting the market's breadth is expanding. According to Bank of America, the US Benchmark Feds Fund rate suggests Wall Street is set on a soft landing scenario with expectations for interest rate cuts to come.joins Asking For A Trend to break down the top market trends for the July 12 trading day, also comparing the Japanese yen's performance against the US dollar in foreign exchange markets.
Usually all of a sudden the labor market falls out from under you and there's a rug pole, so to speak.Well, we saw that in global financial crisis, we saw that in the year 2000 in the.com bubble bust when things get bad, they tend to go down very quickly overnight. And so the Bank of Japan, the lesson is uh they don't want a weaker yen and they're gonna get in the market to achieve their ends.
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