NASDAQ With Bearish Signs Ahead of FOMC Meeting
Updated
Nervousness is rising ahead of the FED meeting next Wednesday. The markets are now pricing in an interest rate cut of 50 basis points - a bad omen for the US economy.
In the short term at least, we therefore expect prices on the NASDAQ (and other indices) to fall.
In the short term at least, we therefore expect prices on the NASDAQ (and other indices) to fall.
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