Market reprices for Fed rate cuts, but has it swung too far?

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The Federal Reserve,Willem Sels,Rate Environment

The Federal Reserve is set to announce its decision on interest rates Wednesday afternoon, so what does this mean for markets? HSBC Global Private Banking...

The Federal Reserve is set to announce its decision on interest rates Wednesday afternoon, so what does this mean for markets? HSBC Global Private Banking Global Chief Investment Officer Willem Sels joins The Morning Brief to discuss the potential market fallout from the Fed's communication.

Sels also sheds light on"the other side of the coin" of this higher-for-longer rate environment, suggesting that markets are likely to continue exhibiting strength. He emphasizes that current earnings are driving market performance, describing the strength of earnings as"relatively broad-based."3 Reasons to Buy Enbridge Stock Like There’s No Tomorrow

 

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