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U.S. Equities Climb Alongside Chinese Stimulus Measures

FS Insight Team

"I don't tolerate fools but then they don't tolerate me, so I am spiky." ~ Dame Maggie Smith (December 28, 1934 - September 27, 2024)

Good evening,

The S&P 500 closed at all-time highs three out of five days this week, as the impact of the Federal Reserve's September 18 rate-cut decision spread to China. The Chinese government, along with the People's Bank of China (PBOC), took what Fundstrat Head of Research Tom Lee described as "drastic positive action." This included, among other things, an...

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