The Federal Reserve has been at the center of much of the discussion throughout Wall Street for 2023, speculating the nature of monetary policy decisions and their forward impacts. The discussion persists into 2024 as inflation appears to be cooling down, and it becomes increasingly likely the Fed plans to cut interest rates.
GLOBALT Investments Senior Portfolio Manager Keith Buchanan and Interactive Brokers Chief Strategist Steve Sosnick join Yahoo Finance to discuss the Fed’s potential next moves and some of the factors that could indicate a soft landing for the economy in 2024.
Buchanan mentions financials as one sector that could deal with most scenarios: “We’re looking selectively, we’re warming up to what the financials and, particularly, the banks can offer, especially when we look up at the market cap skills of some the bracket banks.”
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whats up with the soft landing narrative?
Fade consensus sentiment on this one.
The numbers are so fabricated. Go outside…..touch grass…..and look around.
When in war economy always down turns so does stock markets fluctuations. I see 2024 investing and 2025 good returns. Junk bond’s.
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There won’t be any change except for Growth 💹 for another 2 Years. The Big Change is only to get away from the unproductive business practices with stringent Financial System in Place to favor just the Productive Growth 💹. The Capital Requirements need to be heightened for Real Estate Sector, and the other Infra-related Activities.
This economy under Biden is horrible. Go to the store the gas station everything is up!
Use your heads people. They’d rather have rampant inflation than a recession. The only reason they are even talking interest rate cuts after the hot minute they’ve had them high is it’s an election year. Stop participating in the Prosperity Illusion.
That is good to know