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Contact Brooks Macdonald
Henrietta Walker and Mike Toolan discuss the recent 50 basis point rate cut by the US Federal Reserve, easing recession fears. They highlight China’s monetary stimulus boosting its stock market and the mixed performance of US semiconductor companies during Q3 earnings. The importance of diversification in investments is emphasized, along with the potential market impacts of the upcoming US election and stable oil prices. Expectations for a UK rate cut are also noted.
