A Losing Bet on Rate Cuts Could Propel International Equities
July 11, 2019 at 07:45 AM EDT
The capital markets betting on an interest rate cut could be akin to betting at the roulette table—red or black—rate cut or no rate cut? Whatever the Federal Reserve brings through 2019, a losing bet on cutting interest rates could be the result, and this week’s testimony by Fed chairman...