– China’s Millionaires Are Worried. That’s a Problem for Wall Street. – It’s the Magnificent Seven’s Market. The Other Stocks Are Just Living in It. – Stocks Beat the Odds This Year. Why They Can Do It Again in 2024. Opening Call: Stock futures rose on Monday but gains were limited by comments from Federal Reserve officials that tempered enthusiasm over just how soon interest rates might be lowered. “The surge in risk appetite, fueled by the Fed’s recent stance, has paused as [S&P 500] bulls are likely catching their breath at the open,” SPI Asset Management said. “Despite some pushback from Fed officials, interest rate futures markets are still currently pricing 150 basis points of rate cuts from the…
Published Date: 2023-12-18
Source: Market Screener
Categories: Business, Investing, Stocks and Bonds, Society, Issues, Economic
