7 minute read
Magnificent Seven continue to outperform.
Strong headline gains but a mixed picture beneath the surface.
Labor market and consumer spending firm, while inflation rises.
2 minute read
The Fed now projects rate cuts in 2024, just not as many as the markets have.
As the economy slows across the board, the Fed is done hiking rates.
4 minute read
The markets have swung too far by forecasting multiple Fed rate cuts in 2024.
5 minute read
Financial markets rally on perceived Fed pause.
3 minute read
The Fed wants more time and data as it looks to December's meeting.
8 minute read
Employment, inflation and bonds combine for twists and turns for the journey of Fed policy.