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Spencer Jakab | We Might Really, Really Need a Rate Cut

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Spencer Jakab hedcut

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Stock investors’ attitude towards rate cuts has long been that too much of a good thing can be wonderful.

Next week’s widely expected one by a divided Federal Reserve is seen as a ā€œjust-in-caseā€ move that has buoyed valuations in a strong economy. The S&P 500 itself is many people’s barometer of confidence.

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