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NEWS ALERT
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Markets are celebrating weak jobs data as a guarantee of Fed interest rate cuts and fatter corporate margins. But are record highs here to stay? |
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MORE FROM QUARTZWall Street is racing ahead of the Fed. As the economy has gotten messier, prediction markets see a small interest rate cut as a lock, but investors are racing to predict the Fed's next several moves. The crusade against the Fed is heading into “new territory.” Trump’s attempts to influence monetary policy have left the central bank to defend its
independence as it wrestles with both inflation and slowing growth. Google joins the $3 trillion club. Stock of its parent company, Alphabet, popped on the heels of an antitrust ruling easing breakup fears and as cloud growth continues to show that AI is paying off.
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SPONSORED |
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It’s not tech stocks or crypto… it’s gold |
Gold is up 40% this year, reminding investors why it’s long been a safe bet in uncertain times. Now, with markets on edge, more investors are adding gold to diversify and protect their portfolios. |
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