After a nine-month pause, the anticipated Federal Reserve rate cut is expected to drive a stock market rally, with historical data showing the S&P 500 typically rises following such delays.
#YonhapInfomax
#FederalReserve #RateCut #CarsonGroup #SP500 #StockMarketRally
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=78457
'Rate Cut After Nine-Month Wait Expected to Fuel Stock Market Rally'

After a nine-month pause, the anticipated Federal Reserve rate cut is expected to drive a stock market rally, with historical data showing the S&P 500 typically rises following such delays.

Yonhap Infomax

"A 3-mon average shows the creation of 218,000 #jobs, that's stronger than pre-pandemic & job growth remains strong.

50% in non-cyclical sectors: #healthcare, #education, #govt

20% cyclical sectors: #construction, #manufacturing, #leisure / #hospitality

Private sector created 172,000 jobs in July, up frm 128,000 in June.

#Unemployment rate is dn to 3.5%, not far frm 50+ year lows of 3.4%" #CarsonGroup
https://bit.ly/47wsZlV

The Economy is Normalizing, and That’s a Good Thing

The economy created 187,000 jobs in July, slightly softer than the 200,000 that economists expected. The last couple of months were revised lower, and so

Carson Group