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Rate cuts can't cure economic jitters - August 2, 2024
Episode 439
Published 2 years, 3 months ago
Description
The stock market's mid-week attempt at a rebound was like trying to light a damp matchstick. Thursday was a slog, and Friday isn't looking any better, after weaker-than-expected employment data. The financial sector's rate cuts enthusiasm has been squashed by several factors, which I'll now explain.
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