Bloomberg: "Stocks Bounce as Yields Drop in Countdown to Fed: Markets Wrap"

By in
Bloomberg: "Stocks Bounce as Yields Drop in Countdown to Fed: Markets Wrap"

Excerpt from Bloomberg quoting DataTrek co-founder Nick Colas:

…. “Nicholas Colas at DataTrek Research expects the Fed’s boss to sound much like his Jackson Hole speech at the end of August: “unapologetically resolute.” While fed fund futures are pricing in a possible cut or two in rates next year, Colas noted the central bank’s new economic projections may change that scenario”….

Full article here on Bloomberg!