This is what traders are talking about.
Here is what you need to know. 1. Stocks fell sharply after the Fed's first rate cut in more than 10 years. The S&P 500 fell as much as 1.8% after the Fed lowered rates a quarter point, to a range of 2% to 2.25%. 2. Signals for an upcoming recession are now all flashing at the same time. Despite the Fed cut, the yield curve is stuck in 'recession' mode, stocks are a mess, and manufacturing is in retreat. 3.
Here is what you need to know. 1. Stocks fell sharply after the Fed's first rate cut in more than 10 years. The S&P 500 fell as much as 1.8% after the Fed lowered rates a quarter point, to a range of 2% to 2.25%. 2. Signals for an upcoming recession are now all flashing at the same time. Despite the Fed cut, the yield curve is stuck in 'recession' mode, stocks are a mess, and manufacturing is in retreat. 3.
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