Andrew Wells discusses the raised likelihood of the Fed cutting rates in December, saying the Fed is trying to get it out of the way before 2025. “We’ve turned back the clock to mid-cycle” economically, he adds, and is bullish on the equity market because of it. He talks about how to use credit spreads to gauge stock investments. His picks include Annaly (NLY) and AGNC Investment (AGNC).
Trading 360
27 Nov 2024
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