​Futures Rip To New All Time Highs After Fed Rate Cut, As Yields, Commodities Jump – Tyler Durden

Futures Rip To New All Time Highs After Fed Rate Cut, As Yields, Commodities Jump The Fed’s first (jumbo) rate cut since the depths of the covid crash resulted in mixed reaction in markets, with initial gains for stocks fizzling and ultimately tepid moves in Treasuries, corporate bonds and commodities. However, this reversal to the kneejerk reaction has also since reversed, and US stock futures are bouncing this morning, rising to new record highs, amid gains across Europe and in Asia, while gold is heading back toward a record high and copper prices hit the strongest level in two months…  — Continue at ZeroHedge News : Read More