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Jim Cramer Tells Investors To 'Find Some Room For Stocks' Before Fed Rate Cuts: 'You're Gonna Be Kicking Yourself If You Insist In Parking All Your Cash'
Monday, February 5, 2024 - 10:30pm | 719Jim Cramer, the host of CNBC’s “Mad Money,” has urged investors to capitalize on the current market conditions before the Federal Reserve implements rate cuts. What Happened: Cramer, on Monday, analyzed the recent comments made by Federal Reserve Chairman Jerome Powell regarding...
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Companies Dive Into $150B Debt Spree Before Expected Fed Rate Cuts, Marking Fastest Start In 30 Years
Tuesday, January 23, 2024 - 2:29am | 689Companies are on a record-setting debt binge, with investment-grade firms issuing a staggering $153 billion in dollar-denominated bonds since the start of 2024. This is the highest amount of debt issued in 30 years, according to data from the London Stock Exchange Group. What Happened: The bond...
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US Economy Set For 'Soft Landing' As Economists Eye Fed Rate Cuts
Monday, January 8, 2024 - 4:01am | 690The roller-coaster ride of inflation in recent years has left economists hopeful for a soft landing of the US economy and potential Federal Reserve rate cuts, despite challenges in forecasting during the post-pandemic period. This was a key sentiment at the three-day annual economics profession...
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Fundstrat's Tom Lee Predicts 30% Surge In Stock Market In 2024 Amid Expectations Of Fed Rate Cut And Sharp Decline in Inflation
Monday, January 1, 2024 - 9:49pm | 672Fundstrat’s Tom Lee suggests a potential 30% surge for the S&P 500 next year, anticipating a decline in inflation and a possible interest rate cut by the Fed. What Happened: Lee, a renowned bullish strategist, anticipates the S&P 500 to touch 5,200 by the close of the year, indicating...
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Mohamed El-Erian Attributes Biggest Monthly Financial Loosening To 'Market Romance' And Anticipation Of Soft Landing
Monday, December 4, 2023 - 10:13pm | 557Expectations of an economic slowdown sufficient to warrant interest rate cuts next year have triggered a significant shift in the market, according to economist Mohamed El-Erian. What Happened: El-Erian described the current situation as a “market romance” with the idea of a...
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UBS Forecasts A US Recession In 2024, Expects Aggressive Fed Rate Cuts
Wednesday, November 15, 2023 - 3:49am | 490UBS Group AG anticipates the United States to enter a recession next year, leading to a string of Federal Reserve rate cuts. The Swiss bank’s predictions are notably more bearish than the market consensus. CNBC reported that UBS anticipates the Federal Reserve to slash interest rates by up to...