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Stocks Panic-Bid – Erase PMI Plunge As Rate-Cut Odds Hit 90%

Courtesy of ZeroHedge View original post here.

It appears the bad news is good news algos are back…

As stocks crashed after the dismal ISM data…

…the odds of an imminent rate-cut soared above 90%…

Don’t worry – The Fed will save us all, right?


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