🧵 2. Lower odds of a rate cut could bearish for stocks, but is it overblown? Potential 25-bp cut from 5.25%-5.5% range isn't as significant as previous hikes from near 0%.
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🧵 2. Lower odds of a rate cut could bearish for stocks, but is it overblown? Potential 25-bp cut from 5.25%-5.5% range isn't as significant as previous hikes from near 0%.