Market growth amid optimistic inflation data, company and stock exchange news
Market Reviews
• The stock market reacted with strong growth to strong macroeconomic data from the US = good is good again. Asia and futures are also doing well. Global investors rejoice when the US economy is strong. After all, it means there will be someone to buy products from foreign companies.
• Recession alarms have faded and investors appear convinced the Federal Reserve is no longer behind the curve in cutting rates. According to CME's FedWatch tool, market quotes now indicate there is just a 25% chance the Fed will cut rates by 50 basis points next month, up from a 55% chance a...