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Jed Graham: Last Fed Rate Cut, Get Ready For Pivot As S&P 500 Hits Record


With one last Fed rate cut expected Wednesday afternoon, the Fed's midcourse adjustment will be done. If there were any doubt, Monday's record high for the S&P 500, with the Dow Jones and Nasdaq a whisker away, provided an exclamation point. Here are five numbers that explain why Fed chief Jerome Powell and his fellow policymakers are likely

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Posted: October 28, 2019 Monday 05:07 PM