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home / news releases / TYBS - Post-Fed Update: Hawkish Cut Powell Goes All-In On 1990s' Playbook Oil Gold


TYBS - Post-Fed Update: Hawkish Cut Powell Goes All-In On 1990s' Playbook Oil Gold

By Ed Moya

The Fed still has high hopes this is only going to be a mid-cycle adjustment. The third consecutive rate cut appears to be the last one we will see at least until early next year. The risks to the outlook have moved in a positive direction and the Fed seems committed to following the playbook from the 1990s in delivering 75 basis points in rate cuts and staying on hold. Powell's mistake could be that economy was stronger in 1995 and 1998 when the Fed delivered the last two mid-cycle adjustments.

The

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Stock Information

Company Name: Direxion Daily 20+ Year Treasury Bear 1X Shares Direxion Shares ETF Trust
Stock Symbol: TYBS
Market: NYSE

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