[at Barrons.com] – The “sturdy” U.S. economic data mean the Fed will likely hike interest rates by year end, Luschini says, and a September hike isn’t off the table “if the data holds up.” There’s some rally-chasing going on, adds Seth Setrakian, president of Spectrum Capital Management. On Friday, U.S. second-quarter GDP data and the employment cost index will be released.
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