(Reuters) - Signs of weakness in the economic data prompted investors to increase bets that the Federal Reserve may start cutting interest rates before the end of the year.
"Most people think that the economy is doing OK, but showing signs of slowing down. Bonds are rallying and stock futures are selling off," said Frank Hsu, director of global fixed income at Fimat USA in New York.
Read more at Reuters.com Hot Stocks News
"Most people think that the economy is doing OK, but showing signs of slowing down. Bonds are rallying and stock futures are selling off," said Frank Hsu, director of global fixed income at Fimat USA in New York.
Read more at Reuters.com Hot Stocks News
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