The Fed Pivots and The Party Starts. Will It Continue?
Why We Still Suggest Being Cautious!

Donn Goodman | December 17, 2023

Welcome Gaugers, friends and interested readers.  Happy you joined us. By now, you are well aware that on Wednesday Jerome Powell and the Fed became “dovish” and pivoted to a STOP on interest rate hikes. More importantly, the Fed Chairman stated that the Committee could see as many as three rate cuts in 2024.  Most analysts had suggested (or predicted) that we would see only two rate cuts next year, but Jerome Powell gave an

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