Surveillance: Forget About Fed Cut, says Sahm
Bloomberg Surveillance
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The Future of the Equity Market
"We're not expecting this very massive fall in rates. It's looking near a term like you're pretty much going to be sitting in this range between 325, 3.5%. I don't know if you get into portfolio construction," he says. "The data's been so resilient, right? The US economy is just a lot more resilient than what the Fed was ultimately giving a credit for."
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