​Powell Pours Cold Water On Rate-Cut Euphoria; USA Sovereign Risk Ominously Surges In September – Tyler Durden

Powell Pours Cold Water On Rate-Cut Euphoria; USA Sovereign Risk Ominously Surges In September US Macro data is on a charge higher in September, surging to its strongest since late-April… Source: Bloomberg September markets ended on a weaker note today – after China stimulus piled on top of the super-size rate-cut sent stocks soaring in the month. European stocks ended practically unchanged on the month, US stocks up marginally and China soared… Source: Bloomberg All the US Majors ended the month higher, led by Nasdaq 100 (with Small Caps lagging), but overall, while the rip off the early month lows…  — Continue at ZeroHedge News : Read More