Previous close | 3.9400 |
Open | 3.9400 |
Bid | 4.1100 |
Ask | 4.1600 |
Strike | 486.00 |
Expiry date | 2025-01-31 |
Day's range | 3.9400 - 3.9400 |
Contract range | N/A |
Volume | |
Open interest | 1.58k |
Recent actions by the Federal Open Market Committee (FOMC), particularly the decision to cut interest rates by 50 basis points, have triggered debate about their broader economic implications. Yardeni Research offers a pointed observation: the current environment resembles the conditions that led to a stock market "meltup" in the 1990s. A meltup refers to a sharp and unsustainable rise in asset prices driven more by a surge in investor sentiment than by improving fundamentals.
These ETFs yield 7% or more and outperformed the S&P 500 over the past one month.
Deal making should rise in 2024 due to easing inflation and interest rate cuts, pent-up demand for deals, and strategic initiatives taken by companies.