Is Economic Growth Slowing?

That is the question on everyone's mind after a 50 basis point Fed rate cut.

PRE-OPEN MARKET COMMENTS MONDAY - Two weeks ago the Fed aggressively cut interest rates by 50 basis points. They said that they were being proactive and that economic growth was still intact. The market does not believe that based on the price action after the FOMC. If economic growth is strong and inflation is easing, a 50 basis point rate cut should have excited buyers, but it didn't. The SPY has barely budged since the announcement.

Daily Bulletin Continues...