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Sunday, November 24, 2024

In a Quaint Move, the ECB Cuts Rates

Submitted by Mark Hanna

Courtesy of MarketMontage. View original post here.

You remember rate cuts right?  Aww, the good ole days of central banking.

This was as the market demanded expected.

The S&P fell to a key area yesterday, one that has been the main support (with one break) the entire rally.  Bulls will want to see this level re-established as useful.

 

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