The former NY Fed chief Dudley sees a strong case for a 50bp rate cut - report
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Goldman Sachs Still Sees 25bps Easing by Fed Next Week, Sees 25bps in Nov and 25bps in Dec, Total Cuts by Y/E of 75bps
September 13, 2024 3:34 PM EDTGoldman Sachs Still See 25bps Easing by Fed Next Week, Sees 25bps in Nov and 25bps in Dec, Total Cuts by Y/E of 75bps
The analyst comments "Jan Hatzius reiterates our view that the US labor market is slowing but not lurching towards recession in a fresh Global... More
Cit Lowers Easing Expectation to 25bps by Fed Next Week, Sees 50bps in Nov and 50bps in Dec, Total Cuts by Y/E of 125bps
September 13, 2024 3:31 PM EDTCit Still Sees 25bps Easing by Fed Next Week, Sees 50bps in Nov and Dec, Total Cuts by Y/E of 125bps
The analyst comments "Labor market data show an economy sliding toward recession with the rise in the unemployment rate likely to accelerate in coming months. We... More
AAII sentiment survey: pessimism rises
September 13, 2024 10:41 AM EDTPessimism among individual investors has risen, according to the latest survey from the American Association of Individual Investors (AAII).
Bearish sentiment, which reflects expectations that stock prices will decline over the next six months, is said to have jumped by 6.0 percentage points to 31.0%.
According to the AAII, the increase brings bearish sentiment in line with its... More
