The bulls are just crying for a rate cut, thats the only catalyst left for this market at this time. You have to think though that if the federal reserve does decide to cut rates that it must be alot worse than they really say. For some reason everyone thinks this economy is doing fine, if thats the case why lower the rates. Lowering rates will only do worse for these markets in the long run.
Stocks Rise, Particularly Tech Sector
AP -
Stocks lifted Tuesday, after dips in manufacturing growth and construction spending raised investors' hopes for an interest rate cut that would bring more money back into Wall Street.
Stocks Rise, Particularly Tech Sector
AP -
Stocks lifted Tuesday, after dips in manufacturing growth and construction spending raised investors' hopes for an interest rate cut that would bring more money back into Wall Street.