104%? Please, that’s way too l

104%? Please, that’s way too little. Let’s crank it to 200%, and we might see the S&P drag itself to 4000. Or maybe 300%, and watch it gracefully sink to 3000 – you know, for a dramatic exit.

Fed Keeps Unchanged: Are 3 Rate Cut Estimates Too Optimistic?

After a two-day policy meeting, the Federal Reserve announced on Wednesday that it would keep the benchmark federal funds rate unchanged in the range of 4.25% to 4.5%. Is the market being too optimistic? As the broader market begins to pull back, what impact will this week’s FOMC meeting have?

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