US rate cut follows move earlier by Bank of England which signals that further reduction is unlikely before next year
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Now that the Fed has signaled a rate cut on the horizon, history says that the market is set for a solid 12 months (at least). Andrew Rocco explains the importance of liquidity in this equation with a little help from Aristotle and Stanley Druckenmiller.
US rate cut follows move earlier by Bank of England which signals that further reduction is unlikely before next year
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US stocks are higher across the board while the Federal Reserve announced it has cut interest rates by a quarter of a percentage point.
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The Federal Reserve and many rich-world peers are widely expected to lower interest rates again in the coming week, right after a US presidential...