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Are investors getting ahead of themselves with respect to Fed rate cuts?

Hedgeye CEO Keith McCullough thinks so. 

(The market’s current rate hike expectations for the July FOMC meeting are north of 70%.)

McCullough offers some interesting perspective on the subject, as well as what investors should be watching closely in the weeks and months ahead on the Federal Reserve front.

Watch the full clip for more.

McCullough: Market Is Too Optimistic On A July Rate Cut - risk ranges