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Bloomberg Television

Market prices in Fed cuts, Dell rejoins S&P 500, Kamala Harris campaigns in Pennsylvania πŸ˜‡

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the non form payrolls delivered a lack of confirmation buas for 50 basis points from the FED but this is what the market is pricing in 240 basis points of cuts between now and the end of next year Steven major was with us this morning do not throw in your bullish position on the bond market stay long is what he’s saying because you’re going to get 300 basis points of cuts between now and the end of next year and that’s the reason why he wants to be long pretty much at the short end of the curve two’s trade at 367 back in the big Club Dell rejoins the S&P 500 105 bucks is where she trades right now City say 160 bucks is on the way why cuz we’re going to spend more on infrastructure and there’s going to be PC refresh so it’s about a new velocity to that stock name along with Palante here she’s on her way to Pittsburg this is of course Kamala Harris what is she going to say that’s going to swing the Pennsylvania voters onto her side in the debate

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