• One of Wall Street's biggest bulls lays out how a US-China trade deal would reverse the Fed's path to a rate cut and send stocks flying

    26 days ago - By Business Insider

    John Stoltzfus, the chief investment strategist at Oppenheimer Asset Management, said if the US can forge a trade deal with China, it could stop the Fed from potentially raising interest rates at its next meeting in July.
    Stoltzfus, one of Wall Street's biggest bulls, said stocks are still a better investment than bonds, and this trend should continue "barring any unforeseen negative surprises."
    The Fed maintained rates at its June meeting, sending stocks on a ride to record highs .
    President Donald Trump is expected to meet with Chinese President Xi Jinping at the Group of 20 Summit in...
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  • Fed's Kaplan says it's 'too early' to decide if interest rates need to be cut

    Fed's Kaplan says it's 'too early' to decide if interest rates need to be cut

    26 days ago - By CNBC

    "I believe it would be wise to take additional time and allow events to unfold" before deciding on rates, the Dallas Fed official said in an essay.
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