If the Fed cannot cut rates as much as people expect due to persistent inflation and a relatively stable job market, we could see a bear steepener.
Mott Capital Management, LLC
71 posts
It looks like where the market heads between now and year-end will likely rest again in Nvidia’s hands.
The stability we’ve seen over the past week has faded, and natural flows will drive the market again.
August marked the fourth consecutive month without an increase in margin levels. But can that explain why the stock market has been stuck?