JUST ONE CUT= BIG RALLY..? Wells Fargo’s Michael Schumacher says if the Fed cuts in September and Powell downplays more easing, markets won’t buy it. Traders will price in a full easing cycle — bonds pump, equities rally. “Once the genie’s out, Powel
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Updated at: 4 hours ago
{"content":"JUST ONE CUT= BIG RALLY..?
Wells Fargo’s Michael Schumacher says if the Fed cuts in September and Powell downplays more easing, markets won’t buy it.
Traders will price in a full easing cycle — bonds pump, equities rally.
“Once the genie’s out, Powell can’t put it back.”🚀","images":[],"tags":[],"tradingPairs":[],"quotearticleid":0}