On the SPOT blog (11/30/2022) [N..]
An emphatic rally today powered by Federal Reserve Chairman's comments. All three major US indices closed in deep green as the Fed Chairman indicated that rate increases could become moderate as early as the December FOMC meeting (Dec 13-14). The probability of interest rates going up by 0.50% has increased a lot today and the markets seemed to have loved it. The possibility of a Santa rally has increased.
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