Futures Market Overzealous in Predicting Rate Cuts This Spring, Jobs Numbers Don't Support
- The stock market has predicted 9 of the past 5 recessions, per economist Paul Samuelson
- Futures market pricing in 6 of the next 3 Federal Reserve interest rate cuts
- Question if futures market is erring in rate cut predictions
- Article requires Barron's subscription to continue reading
- Jobs numbers not convincing for rate cuts this spring