Closing Bell Overtime: Averages Snap Weekly Losing Streaks as Stocks Surge, Richmond Fed President Thomas Barkin Says No Cuts This Year, PE Giant Orlando Bravo on the State of Software Firms and Jason Furman on Why the Fed Needs to Go Faster and Further.
We break down the action as stocks gained throughout the session. Vital Knowledge\u2019s Adam Crisafulli and Northwestern Mutual\u2019s Brent Schutte give their market outlook. Our Steve Liesman brings us the latest from Richmond Fed President Thomas Barkin. Thoma Bravo\u2019s Orlando Bravo on the state of software and why more firms are going private. Jason Furman defends his op-ed calling for the Fed to go faster and further and MSA Capital\u2019s Ben Harburg breaks down what he expects from this weekend\u2019s NPC in Beijing.