Since Closing @ Record-Highs:
- NASDAQ Composite: -17.1% (-3,449.43 points) - CHART
- S&P 500: -12.71% (-780.79 points) - CHART
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- Currently, our odds are at 65% (somewhat likely) the Fed will do nothing with the benchmark target range for the fed funds rate at the next FOMC monetary policy meeting on May 7, 2025, with 35% odds for a 25 basis point rate cut.
Stay tuned...
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