Minneapolis Federal Reserve President Neel Kashkari has struck an optimistic tone regarding potential rate cuts, stating that one interest rate cut from the ...
However, Wells Fargo Global Investment Strategist Veronica Willis joins the Morning Brief to discuss why two rate cuts in 2024 are still possible.
Talk to me about what single piece of data you think the fed would have to see particularly for cash call in December to get moved up a bit to allocate enough time for two cuts.I think they are gonna be multiple data points between now and the end of the year that would uh give the fed more confidence to potentially do two rate cuts this year.
Barnica when we talk about the prospect here of two rate cuts, what exactly is that going to look like here for equities?Do you think to really keep this momentum that we certainly have seen in the market alive?So we've seen a lot of exuberance in the market throughout this year as we've come down from, you know, six or seven rate cut expectations at the beginning of this year down to one or two.
We're kind of cautioning our investors against getting over their skis in that tech exposure because we do believe that the, the A I play is a longer term theme that should be beneficial across multiple sectors. The S&P 500 risks as much as an 86% crash when the "bubble of all bubbles" burst, one economist warned.NVIDIA Corporation VS AMD: Who Will Win the AI PC Race?
Neel Kashkari The Fed Rate Cuts Fed Rate Cut
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Terrace fire dept. down to no volunteers due to increased training requirementsThe volunteer count dropped from 10 in February 2024 to none in June 2024
Read more »
Desjardins’ chief economist Jimmy Jean sees 11 rate cuts by 2026 and discusses how to position your portfolioStrategist reveals sectors that appear poised to outperform for the rest of 2024
Read more »
A 'two-lane' economy is weighing on the Fed: StrategistThe Institute for Supply Management's manufacturing Purchasing Managers' Index (PMI) fell to 48.7 in May from 49.2 in April, falling below analyst...
Read more »
Bond Market Splits From Fed Again by Betting on 2024 Rate Cuts(Bloomberg) -- Bond traders loaded back up on interest-rate-cut bets — and even the pushback coming out of the Federal Reserve did little to shake their...
Read more »
Bond Market Splits From Fed Again by Betting on 2024 Rate CutsBond traders loaded back up on interest-rate-cut bets — and even the pushback coming out of the Federal Reserve did little to shake their conviction.
Read more »
Dollar Pares Drop as Fed Sees Just One Interest-Rate Cut in 2024(Bloomberg) -- The US dollar curbed its losses after the Federal Reserve reduced the number of projected interest-rate cuts this year to just one.Most Read...
Read more »