Rate Cuts Shifted The Pendulum

🚨 🚨 With Rate Cuts The Whole Dynamic Has Changed: “Six months ago, investors were largely pessimistic, with ‘good news being treated as bad news’ and ‘bad news treated as bad news’,” said Mark Hackett at Nationwide. “The pendulum has shifted almost completely, with strong data being viewed as a sign of a ‘soft landing’ — while sluggish data reinforces the belief that the Federal Reserve will cut rates.”

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