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Business
Steve Reitmeister

Will the New Bull Market End on 6/14?

Steve Reitmeister US Federal Reserve Spy Powell Reity

Bulls think there is no recession coming. And that the Fed is ready to pivot to lower rates. This has allowed stocks to “technically” start a new bull market given 2 closes above 4,292 for the S&P 500 (SPY) which marks 20% rise from October closing lows.

But why would the Fed pivot at this time to lower rates?

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