Traders work on the floor of the New York Stock Exchange on June 24. How markets perform will largely depend on the ability of lower rates, and a more favourable US-China relationship, to lift leading indicators and business surveys. Photo: Reuters
Kerry Craig
Opinion

Opinion

Macroscope by Kerry Craig

Fed easing can give equity markets a boost, but it won’t keep them aloft

  • The expectation of a rate cut has given US stocks a lift this month, but monetary easing by itself won’t outweigh the more important indicators of economic health, like earnings growth, particularly amid the current political and trade uncertainties

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Traders work on the floor of the New York Stock Exchange on June 24. How markets perform will largely depend on the ability of lower rates, and a more favourable US-China relationship, to lift leading indicators and business surveys. Photo: Reuters
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