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Yahoo Finance

Wall Street economists say investor fears about recession are overblown

Yahoo Finance
Summary
Nutrition label

85% Informative

Investors quickly moved to price in more than four interest rate cuts in 2024 after Friday 's jobs report.

Some market commentators have even suggested the Fed should cut before its September meeting.

But several economists and equity strategists believe the last few days of market action have been an overreaction.

The BlackRock Investment Institute thinks recession fears are "overblown".

VR Score

89

Informative language

89

Neutral language

73

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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