When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
JDST - Portfolio Composition: Short Commodity Precious Metals; Long Rare Earths Biotech
Direxion Daily Junior Gold Miners Index Bear 3X Shares
According the CME FedWatch tool, Fed Funds futures markets are currently pricing in a 98.5% chance of the Federal Reserve lowering rates at least once this year. Breaking it down further, there is a 31.9% probability of 2 rate cuts and a 35.4% chance of three 25 basis point rate decreases, as can be seen in the image below.
In accordance, treasury yields have plunged. In Jerome Powell's speech, he did not explicitly state lower rates were on the horizon. He simply said the Fed will act appropriately as always to sustain the expansion. It