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Gate Square New & Returning Creator Rewards are ongoing!
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Babe, has today's market left many people confused? The Fed clearly lowered interest rates, yet the market is falling instead of rising?
I won't go into lengthy discussions, I'll just briefly share my views, roughly for a few reasons!
The first is that the expected dividend from interest rate cuts has already begun, and the previous rise has already released the dividend from the rate cut!
The second is the interest rate cut expectation in December, which was previously 85%, but has now turned into uncertainty with the speech of Fed Chairman Powell, creating new suspense in the market.
So, the favorable landing, coupled with the subsequent interest rate cut being temporarily undecided, led to a wave of fall 📉
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