What Happens To The Stock Market After The First Fed Cut? Goldman Trader Answers 'It Depends'

Ahead of the likely "do nothing" July FOMC meeting this week, Goldman Sachs trader Brian Garrett notes that he has been asked several times over the last weeks "what happens to the stock market after the first fed cut?"

The odds of a rate-cut this week has plunged to just 4% (from a certainty in January)...