Bad Economic Data - 536
Stocks didn't do too bad today and gold was down marginally but I think I share this guy's sentiments. Hopefully things turn out OK but I dunno.
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Any bad economic data means the Fed will most likely cut the Federal Funds Rate by a min. of 50 basis point in July, 2019. This is positive for the stock market.
We've been getting bad data for a while. I think they'll cut it by 25 basis points and do at least one if not two or three more cuts by the end of the year.
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