Stock Market Soars As Job Market Weakens - What It Means For You

"As of Friday morning, yesterday, markets were pricing in a roughly 99% chance that the Fed cuts interest rates by 25 basis points next week, up from a 95% chance just a week ago."

"The Fed is going to announce on November 7th what they want to do with interest rates. And of course, we all know that Wall Street is now convinced that the Fed is going to cut interest rates again."

"we now have a 99% chance or markets are pricing in a 99% chance that the Fed is going to cut interest rates by 25 basis points, which is 0.25% next week on November 7th."