Investors Concern Over Rate Cuts Revisited
Rate cut expectations slid and markets took a rally break last week.
Rate cut expectations slid and markets took a rally break last week.
Markets absorb inflation data and move higher for the 4th consecutive week.
Markets moved higher for the 3rd consecutive week.
Equities seemed to ultimately shake off a poor GDP report and higher rates for longer concerns.
More trouble in the Middle East last week made the Fed’s comments seem all the more poorly timed.
Markets got spooked by a slightly higher than expected CPI report and trouble in the Middle East, on top of Tax Friday.