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In his Daily Market Notes report to investors, Louis Navellier wrote: The market is not buying the Fed’s “no rate cuts in 2023.” The Fed increased Fed Funds 25bps yesterday, as expected, and Jerome Powell said they weren’t done, and that he did not see any rate cuts in 2023. What was the market reaction? […]
https://www.valuewalk.com/meta-earnings-growth-is-back-with-a-vengeance/