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EY Says "Up, Up and...No Way"

MRKT Matrix

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Is the Fed Going to Cut Rates?

Even if something did erupt between China and Taiwan, I don't think the Fed cuts rates unless it's something that sends ripples through global financial markets. The Fed is not going to come in and save everything when its dual mandate is not solved. equity markets right now are priced for like a regular correction,. Since their highs, they're priced for one of those annual oopsie daisies we had a little pullback. An event like that is not a regular correction scenario.

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