Inside Wall Street’s Crystal Ball – Wall Street ends the best week of the year quietly
crystalballfinance.substack.com
Following a reality check from the U.S. Federal Reserve this week, reinforced expectations of three interest rate cuts by year's end fueled bullish sentiment on Wall Street. The S&P 500 index recorded its largest weekly percentage gain of 2024. Despite two months of persistent inflation data, traders on Wall Street are likely celebrating as they close out one of the strongest weeks of the year for markets.
Inside Wall Street’s Crystal Ball – Wall Street ends the best week of the year quietly
Inside Wall Street’s Crystal Ball – Wall…
Inside Wall Street’s Crystal Ball – Wall Street ends the best week of the year quietly
Following a reality check from the U.S. Federal Reserve this week, reinforced expectations of three interest rate cuts by year's end fueled bullish sentiment on Wall Street. The S&P 500 index recorded its largest weekly percentage gain of 2024. Despite two months of persistent inflation data, traders on Wall Street are likely celebrating as they close out one of the strongest weeks of the year for markets.