Fox’s Cavuto Reacts to the Dow Closing Above 40,000 for the First Time: ‘People Are Optimistic’

EXCERPT:

CAVUTO: “This is about a five-week winning streak. A lot of this buoyed by the fact that people are optimistic we are going to achieve a soft landing. The growth is slowing to the degree that the fed had some wiggle room here to cut rates. Now, whether that happens is anyone’s guess. But the fact of the matter is that the trend has been the market’s friend earnings coming in better than expected.”

(Via Mediaite)