3 minute read
The data did not support the large cut, but the Fed did not want to seem behind the curve.
2 minute read
The Fed’s half-point rate cut shows it still thinks the economy can avoid a recession.
5 minute read
With the Fed on hold and tax collection over, assets resume flowing into liquidity products.
8 minute read
Does today’s soft jobs report successfully change the Fed's narrative?
The Fed's dot plot held the intrigue at the FOMC meeting.
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.