Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

BumRushDaShow

(141,325 posts)
10. I actually have a sub to Bloomberg
Fri Sep 6, 2024, 11:39 AM
Sep 6

(I blame you guys )

The downside is that they only let you have 5 gift links but I do know they have wire services and some of the aggregators like Yahoo! (that you linked to), msn, and Aol will often put their stories up.

Oddly enough, I think some of the hedging is also because few (among the risk-averse) want to see the stock market get over exuberant over a big cut and then find itself in a whopper of a correction sooner than expected.

I think a cut is 99 44/100% going to happen this month but since it will be the first cut since reaching this apex in just over a year, they might be more conservative with it to see the reaction and then would adjust at the next opportunity.

I kinda chuckle about that period back when everyone was talking about "the pivot" that was supposedly coming, I think it was back around May 2023, after which July 2023 was first month when the rates were finally frozen, and have stayed there ever since).

Latest Discussions»Latest Breaking News»August payrolls grew by a...»Reply #10