The Macro Trading Floor cover image

Here Is Why Markets Are Rallying

The Macro Trading Floor

CHAPTER

The Fed's View on Clear Credit Contraction

The Fed is likely to judge that they are tight enough for the overall economy, says John Defterios. But short-term markets might actually focus on S&P 50, 40, I don't think it's a very likely scenario," he adds. In 2008 oil rallied as we were clearly going into a recession, defterios notes.

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