Scott Mlyn | CNBC
“The president is very intent on getting the stock market up,” said Cooperman, who runs Omega Advisors. “My guess is we’re doing a lot of things that are pulling demand forward.”
The Fed, which is expected to cut rates, is set to announce its decision at 2 p.m. ET on Wednesday. Powell then follows with his post-July policy meeting news conference at 2:30 p.m. ET.