Debt-Ceiling Drama and Adobe's AI Push
Bloomberg Intelligence
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The Fed Rate Hike Cycle Could Lead to More Weakness in the US Dollar
The market is trying to piece together how the Fed will see the data coming in, particularly the payroll data and probably the ISM report next week on the prices paid in the service sector. The question is whether or not the Fed actually does come in with a rate hike. Yet the market is up to the year. And that is the price action that says, hey, wall of worry, stop worrying. We're still going to prevail.
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