HomeMarketsU.S. Economy & Jobs"I Can Understand the Argument, But I Do Not Believe in a 50BPS Cut"
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"I Can Understand the Argument, But I Do Not Believe in a 50BPS Cut"

"I Can Understand the Argument, But I Do Not Believe in a 50BPS Cut"

Wayne Kaufman with Phoenix Financial Services calls the recent market action "unbelievably impressive," with the S&P 500 a "stone's throw from new highs." He's not optimistic on a 50BPS cut from the Fed, but talks with Oliver Renick about why Jerome Powell didn't close the door on the possibility.

Morning Trade Live

26 Aug 2024

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