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Odds of a December rate cut low because of ‘legitimate concerns’: Bob Doll

Crossmark Global Investments CEO and CIO Bob Doll discusses the odds of a December rate cut by the Fed and how the market is navigating fears of A.I. on ‘Maria Bartiromo’s Wall Street.’

MSN·
MSN·

The VIX index fell by 11%

The VIX index, a measure of market volatility, fell by 2.99 points or 11.3%, closing at 23.43 points

AASTOCKS·
US
SVXY
+2.70%
US
UVXY
-7.65%
US
VIXY
-5.10%
AASTOCKS·
US
SVXY
+2.70%
US
UVXY
-7.65%
US
VIXY
-5.10%

The funniest possible outcome of the December Fed meeting

The Federal Reserve is currently divided over whether to cut interest rates in December. Typically, the policy committee reaches a consensus with minimal dissent, but the current situation is unusual. A potential outcome of the vote could lead to an ironic result, highlighting the division within the Fed.

MSN·
MSN·

The VIX index fell nearly 3%

The panic indicator VIX index fell by 0.77 points or 2.9%, closing at 25.65 points

AASTOCKS·
US
VIXY
-5.10%
US
SVXY
+2.70%
US
UVXY
-7.65%
AASTOCKS·
US
VIXY
-5.10%
US
SVXY
+2.70%
US
UVXY
-7.65%

Federal Reserve's Logan: Expects the Fed's balance sheet to resume growth soon.

Federal Reserve official Logan stated that he expects the Fed's balance sheet to resume growth soon, and the Fed will need to offset the tailwinds from financial conditions. Maintaining interest rates will allow the Fed to assess the tightening situation. (Jinshi)

CoinLive·
CoinLive·
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$Invesco QQQ Trust(QQQ.US)If countries react strongly during the day, it's possible for the U.S. stock market to open with a downward circuit breaker. Be prepared.$Tesla(TSLA.US)$NVIDIA(NVDA.US)

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