“A Little Help From My Friends (the Fed)”

Keith Schneider | June 9, 2019

US Equities got a lot of new help from one if its friends, the Federal Reserve. Fed Chairman Powell stated that tariffs could shave some points off of growth, hence, a need to lower rates. That spurred a vicious stock market rally of almost 4% for the week. “Gonna get by with my friends (Ah, with a little help from my friends) Yeah yeah, I'm gonna try (Ah, with a little help from my friends)

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