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Friday, July 26, 2024

The Fed Is Done Hiking – What Could Possibly Go Wrong?

Sometimes “bad news” is “good news”. That seemed to be the case on Friday when the jobs report came in weaker than expected. That, combined with the Fed’s continuing rate “pause” on Wednesday ignited the financial markets – both equities and bonds. Among the popular averages, the DJIA gained 5.1% …

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