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- Aug 20 The September rate cut is not baked in yet
Market
“The market is going to take a breather over the next few weeks. The dip will be a good time to reassess the overbought and oversold companies and those with value” 😊 😋
Terrific recovery for all indices after strong losses early in the day
The fed meeting notes indicated a diverging viewpoints on interest rate cuts. With some members concerned about inflation and others employment. The markets did however, recover from a huge 300 point dip on the NASDAQ to less than 150 points.
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Video of the day
Today’s video is on Draftkings $DKNG ( ▲ 0.96% ) the online sports betting platform.
