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Wall Street Bets on Soft Landing Again in Best Month Since 2008

Speculative corners from meme stocks to profitless tech roseChair Powell pushed back Friday on the prospects for rate cutsFor all the bullish milestones notched by November’s big market surge, recent history offers Wall Street a lesson in caution.Time and time again, speculation breaks out that the Federal Reserve is poised to ease monetary policy soon enough — spurring even cautious investors to erupt in a spasm of cross-asset buying. Stocks jump, bond yields fall, and a dash ensues among equit
Wall Street Bets on Soft Landing Again in Best Month Since 2008

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