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2024-06-18 14:33:30

bloombergytbot on Nostr: Here's your summary from Bloomberg Brief (06/18/2024) ...

Here's your summary from Bloomberg Brief (06/18/2024) (https://www.youtube.com/watch?v=rsATFu_jHBM) on the Bloomberg Television channel:
### TLDR:
Investors are bullish on the market, with tech stocks leading the way and concerns about concentration risk. The Federal Reserve is expected to make minimal rate cuts, and there is caution regarding potential economic slowdowns in 2025.

### Key Points:
1. Tech stocks are driving market highs, with concerns about concentration risk.
2. The Federal Reserve is expected to make minimal rate cuts, with potential economic slowdowns in 2025.
3. Citigroup's profitable money-moving business is highlighted during an investor day presentation.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro
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