What the Fed's rate cut means for stocks, commodities

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Brad Smith News

Seana Smith,Commodities Market,Federal Reserve

After the Federal Reserve cut rates by 50 basis points, Seana Smith and Brad Smith take a look at movement in the futures and commodities market on Morning...

), are trending down, signaling commodity deflation. As a historical rarity at the start of an easing cycle, this could signal the Fed is behind the curve in cutting rates.Us futures rallying across the board this morning as traders digest the Fed's half point rate cut or half percentage rate cut.

And I think that's evident in the market's reaction yesterday, which was a bit tough, given the fact that this was a big This was a big, momentous event that everybody is anticipating.But let's go to the Wi Fi Interactive.All of what happens with the market right now depends on whether or not we slip into recession.

When you have a recession, you can see that they go down and they go sideways for a long period of time.It could be the Japanese yen, for instance, or, if you see normalisation, that's a soft landing.And I think the fact that we did see the first dissent from a Fed governor in a long time 2005, I think that means something, too.

Defending champion Italy will take on Argentina in the first round of the Davis Cup Finals in November. Italy, Spain, Canada and the U.S. were the seeded nations after winning their groups last week, when the qualifying competition was played in four different cities.

 

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