S&P 500 falls, what's next for the Fed: Market takeaways

So the S and P 500 having its worst week since that regional banking crisis in March of 2023 the NASDAQ having its worst week since 2022.I mean, if we're gonna talk takeaways from the week, it was a lot of red and I want to just take a look at sort of what we saw.The S and P 500 down 4/4 percent.

Does that reinvigorate some of the A I trade that was out there in the bloodstream and we did not get that.People are watching along the market, you gotta give them something.So what we're looking at here is data from factset.What's the sort of the takeaway that's positive?The average is 3% over the last 20 years.But I did think it was interesting today, City Scott Kroner at the head of equity strategy over there said right now, earnings are looking a little bit uninspiring.

You're not a big stock mover talking about it so much, but maybe some thing to just reinvigorate a little bit of that optimism.You have debate over the fed, you have the election coming.And I wanna go to take two, which is, of course, the rate cut debate, right?You had non farm payrolls come under unemployment rate fell, but from 4.3 to 4.2.And then overall, we saw markets kind of shift too at one point today, Josh, we were pricing in a 60% chance of a 50 basis point cut.

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