S&P 500 gave up not too far above the 3,965 level it could have kept as PPI decelerated not fast enough to meet market expectations. Rising yields mean markets are betting on more hawkish Fed action, even if necessarily not right in Dec or Jan – it‘s only 5% Fed funds rate that‘s priced in […]
https://www.valuewalk.com/why-bulls-cheer-the-coming-sp-500-hit/
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