About this episode
Fed holds rates , now sees just one rate cut in 2024. (2:11) May CPI comes in cooler than expected. (3:26) Nasdaq, S&P rally to new record highs as yields sink. (0:54) Show Notes Seeking Alpha community still favors first Fed cut in September Oracle has best day in years as Wall Street heaps hype on strong bookings, guidance Global oil markets set for major surplus this decade, IEA says Episode transcripts seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions .