Markets are becoming more convinced that the Federal Reserve will be more accommodative on interest rates.
Futures contracts are also implying a 39 percent probability of a rate decrease by Dec.11, up from only 23 percent before the Fed's policy decision at 2 p.m. on Wednesday.
Doesn’t that mean that the economy is expected not to do that great?
You guys are starting this shit already?
If they cut then we are in recession.
Hell yes!
Valuations do not matter in the US Stock market. The Government is pumping the stock prices nonstop. P/Es are above 100, P/S are above 20. Sell a Dog Poo in the US Stock market it will have $50billion value. These people are buying everything without conducting DD. PYRAMID SCHEME
Well said, hope to see more posts like that, highly recommend to check our friends, they working on delivereing tweets from all major coins at lightning speed instacryptonews
Trying to avert a realDonaldTrump economic collapse.
They don't call US Stock Market a 'Tulip Mania BUBBLE'. It is a free money ATM.
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The market could be setting itself up for a letdown from Wednesday's Fed decisionShould the policymaking Federal Open Market Committee not deliver on market expectations, the result may not be pretty.
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The market has completely flipped its expectations for the FedExpectations for a rate hike this year have fallen below those for a cut, according to Bloomberg data.
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