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Up Next: Powell Interrogation, US CPI, Big Bank Earnings
Anyone who bothers to show up for work this week will hear from Jerome Powell.
On Tuesday and then
In other words, it’s about as meaningful as as .0002% surprise in some stat, but just as likely to be a probable cause of a jolt to a thin market?
It is damn silly, isn’t it? Seriously, what difference to the economy or corporate profits will a quarter point rate cut make??
Unless… it is something that will feed the maw of our friendly algos which matter so much more to stock prices than anything we parse and debate here.