Wall Street barely budged yesterday. Traders dissected fresh labor market figures alongside a batch of economic releases. But here's the twist—equities found a lifeline from surging optimism around a potential rate cut by the Federal Reserve. That meeting? Just days away now. Markets are pricing in dovish moves, and sentiment's riding that wave. Employment data didn't shake conviction. If anything, it reinforced bets that policymakers might ease next week. Risk appetite stayed steady despite mixed signals from the data dump. Eyes firmly locked on the Fed's next play.
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SquidTeacher
· 12h ago
They're hyping up interest rate cut expectations again. How long are they going to keep playing this game?
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SerLiquidated
· 12-05 07:07
Betting on a Fed rate cut again—will it really happen this time?
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MetaMaskVictim
· 12-05 07:07
Still waiting for good news from the Fed, really?
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AirdropGrandpa
· 12-05 07:05
Betting on a Fed rate cut again? In my opinion, this is just the market hyping itself up, waiting for the final verdict next week. Even bad data doesn’t matter—everyone’s just leaning toward a rate cut anyway.
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WalletWhisperer
· 12-05 06:57
The Fed rate cut expectations are getting a bit crazy this time, nobody's even looking at the data anymore, haha.
Wall Street barely budged yesterday. Traders dissected fresh labor market figures alongside a batch of economic releases. But here's the twist—equities found a lifeline from surging optimism around a potential rate cut by the Federal Reserve. That meeting? Just days away now. Markets are pricing in dovish moves, and sentiment's riding that wave. Employment data didn't shake conviction. If anything, it reinforced bets that policymakers might ease next week. Risk appetite stayed steady despite mixed signals from the data dump. Eyes firmly locked on the Fed's next play.