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9-17-24 Momentum Investing Gives You An Edge
Today marks the start of the FOMC meeting, to be concluded with the latest interest rate announcement. Markets' expectations are for a half-percent cut; could a quarter-percent cut create disappointment on Wall Street? Microsoft announces and increase in its dividend payment (very different from a stock buy back). Kamala Harris' plans to raise taxes on corporations is in fact an crease in taxes on consumers; corporations are tax collectors for the government. Markets' rally in anticipation of Fed day tomorrow. The stock buyback window begins to close today ahead of the next earnings season…
The skinny
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