Think rate cuts will save the bull market? Think again, according to Stifel. "Fed cuts are a red herring," Stifel strategists said in a note to clients. "We have our doubts about the currently widespread belief that 'Fed Cuts=Buy Stocks.'" Markets are expecting the central bank to lower benchmark rates by at least a quarter percentage point in a few weeks, which could give the stock market a much needed boost after a volatile period.
An inverted yield curve has signaled most recessions since World War II. A normalization of the curve usually takes place before a recession hits, meaning the U.S. could still be in for some rough economic waters ahead. "Economic slowdowns have always been preceded by bottoming 10Y-2Y 'bull steepening' yield curves," Stifel said. "Bull steepening yield curves have historically led to the weakest stock markets.
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »