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Future Interest Rate Cuts Renew Stock Market Bull Party With Consequences
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Become A Better Trader And More Informed Investor
Any Trump trade has already been starting and is going to continue before election day, because the odds of him winning are only growing, after the events of the past few weeks. Traders tend to buy the rumor and sell the news, which means they price in future events before they happen, especially when they are predictable. This is why stocks often rise before a good earnings report and then see some profit taking afterwards.
With the market you have a Trump trade and a coming interest rate cut trade for the bulls to buy.