This Stock Market Indicator Has Been 82% Accurate Since 1984. It Signals a Big Rally in the S&P 500.
The Motley Fool
SEPTEMBER 6, 2024
Recent reports indicate the labor market is weakening and manufacturing activity is contracting. Based on those signals, investors expect the Federal Reserve to lower interest rates at its September meeting, something policymakers haven't done since 2020. That does not mean stock buybacks are bad. That makes sense.
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