whi551I reckon the market has 'priced in' a .5% rate cut.If that...

whi551

I reckon the market has 'priced in' a .5% rate cut.

If that is exceeded you would think the US market would react favourably, although given the number of commentators who are arguing against further cuts, the fear of a liquidity trap might spook the market and it could go down!

On the other hand if the Fed doesn't cut rates the market will probably tank (although I would argue it should react favourably looking from a longer-term strictly economic perspective.)

See - told you I have no friggin idea!

Regards

- HBG

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Trade the market you see - not the market you hope for!