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Jun 07 2024

Beware The First Rate Cut

  • Jun 7, 2024

Confidence in the economic soft-landing scenario probably peaked in early April. The past two months have brought a stream of disappointing data, dragging the Citi U.S. Economic Surprise Index below zero for the first time since early 2023. No problem… stock investors have shifted seamlessly into their “bad news is good news” mode.


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager