Market Overreaction to Rate Cuts
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recessionYahoo Finance
•Wall Street economists say investor fears about recession are overblown
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
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89
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73
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