Month-end rebalancing could keep a lid on equities ...Middle East

Everything is priced in.Today's comments from Waller were the most-dovish of the cycle and that was immediately reflected in Fed funds futures pricing in 100 bps in cuts next year from 87 bps. Initially, stock markets also rallied but they've since given it all back.Why?Goldman Sachs estimates there will be $9B to sell for equities on month end rebalancing. Those flows following one of the best months for stocks ever, along with a healthy dose of profit taking, are likely keeping a lid on stocks.The good news, Mike Zaccardi highlights that in the best 20-months in the S&P 500 over the past 30 years, the following month has seen an average gain of 2.1% and a median gain of 3.5%.

Read More Details
Finally We wish PressBee provided you with enough information of ( Month-end rebalancing could keep a lid on equities )

Also on site :

Heartbreaking letters Camp Mystic children wrote to their family arrive days after they died in Texas floods
Watch- Shubman Gill reacts as Ravindra Jadeja teases him in front of Sara Tendulkar
Nine things over 60s should do each week to stay young (including kitchen dancing)

Month-end rebalancing could keep a lid on equities ...Middle East

Wall Street sees 35% Canada tariff as just a negotiation tactic: ‘Tariffs are Trump’s hammer for every nail’

Revere woman charged for allegedly attacking 4 strangers in Maverick Square

Brad Pitt sent ‘desperate’ message to see his twins for their birthday

Relief after success for petition to reopen public toilets in popular park

Michael Chavis Signs With NPB’s Chunichi Dragons

The New ‘Fantastic Four: First Steps’ Trailer Is an Actual Retro Throwback

Jessica Simpson celebrates her 45th birthday in a leather bodysuit and leopard coat

A father mourns 2 sons killed in an Israeli strike as hunger worsens in Gaza

Wimbledon to crown 8th consecutive first-time women’s champion

Former Hollywood Heartthrob Teaches Sons the Ropes in Hilarious New Photos

Nigeria says it won't accept U.S. deportees: "We have enough problems of our own"

Mayor Karen Bass issues an executive directive to support migrants amid ICE enforcement

Andre Agassi makes BBC coverage of Wimbledon so much more watchable

Has Syria Taken Escalatory Measures Against Lebanon?

RZA Reveals Workout Regimen & Diet Keeping Him in Shape at 56: ‘I’m More of a Creature of Demand’