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Does the Fed Want a Recession?

Bill Baruch notes that Nvidia (NVDA) gains ahead of its earnings helped bring the whole market higher, putting more pressure on this quarterly report. Turning to rates and the upcoming Fed decision, he says, “We can’t see yields go higher from here and be a tailwind to the market.” He also looks at the U.S. dollar vs the Chinese yuan.

20 Nov 2024

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