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"That of course is how that market feels today and can always change but for now, only the December 2023/January 2024 fed funds futures contract does a rate below 5% show up and barely," he added. "The peak rate is seen in August at 5.19%." ...
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"Usually it's the other way around — the market's hesitant, and then it does well after the election. Now we're getting the reverse of it and … Maybe you get the opposite of what we had — stocks will be strong into the election and then have some volatility fall on the election...
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line. Nov 4, 2020 Market Strategist Warns 'Pain Felt On Main Street Quite Distinct From What's Reflected In Stock Market' In an economy beset by pandemic...
Market Data CenterU.S. | Europe | AsiaCurrenciesCryptocurrencyRatesFutures 📨 Sign up for Europe Daily newsletter Get top headlines impacting European markets each day. Sign Up ➜ TickerNameLastChgChg % UKX FTSE 100 Index 8,682.84 -73.00 -0.83% DAX Global X DAX Germany ETF $40.64 -0.08...
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"The rapid shift in Fed funds expectations and the spike in short-term yields has been risk-off in the stock market, so some reprieve on rates today will likely boost equities." The S&P 500 fights to recover from its worst trading week of 2023. The S&P 500 also got a boost from ...