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John Choong, head of markets and research at Investors Edge, said that after the November non-farm payrolls report was released, the market predicted a more than 90% chance of the Federal Reserve cutting interest rates this month, which has exceeded market expectations. Traders seem to be focusing on the U.S. job market, while not cooling, there are no signs of warming up. But Choong interprets the data differently. He believes that the November non-farm payrolls data shows that last month's wea...

2024-12-06 23:56:17