I hope that you are doing well!
Of course, last week’s headliner was Jerome Powell and the Federal Reserve (Fed) cutting rates by a half percent on Wednesday, September 18, the first time since the COVID-19 pandemic broke out in 2020. The Fed “pause” ended at 423 days and now stands as the second-longest on record, while the 26% gain for the S&P 500 during the pause (7/27/23–9/18/24) ranks first. Here we share some thoughts on the Fed’s move last week and some potential market implications of not only Fed policy but also fiscal policy post-election.
This week's Weekly Market Commentary discusses the Federal Reserve's
significant rate cut of half a percent on September 18, marking the first such
adjustment since the onset of the COVID-19 pandemic. Learn about the potential
market implications of this move and the broader fiscal policies post-election,
highlighting the challenges and opportunities that may arise from these pivotal
financial decisions.
Click the link below to read more!
Policy Crosscurrents: Potential Market Impacts
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