Traders Get It Wrong [Again]

Posted on by http://wealthcreation.club
🚨 🚨 Bearish Bets Backfire—Traders Get It Wrong [Again]: A shock cross-asset rally just dealt Wall Street a lesson in the dangers of market timing. Evidence that Federal Reserve Chair Jerome Powell is turning less hawkish fueled the biggest concerted melt-up since November 2022, with stocks, bonds and credit rising in tandem. The S&P 500 and the Nasdaq 100 both had their best week of the year with gains of around 6%
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