buy gold and silver bullion

Saturday 3 August 2019

Could The FED be Wrong About the Rate Cut?


The Federal Reserve may not need to be cutting rates in today’s market environment, said Peter Tuchman, NYSE trader of Quattro M Securities. 

“The market is trading at record highs. Does it need a stimulus now? So, basically, economic data that’s coming out right now doesn’t seem like it should be pointing in that direction. 

It seems that for the first time in many, many years, it’s a decision based on forward looking sentiment,” Tuchman told Kitco News.

- Source, Kitco News