Market is underpricing Fed rate cut potential: Strategist

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 59 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 63%

Dot Plot Noticias

Fed Meeting,Rate Cuts

The Federal Reserve's highly anticipated decision on interest rate cuts is set to come Wednesday, leaving investors on the edge of their seats. Manulife...

is set to come Wednesday, leaving investors on the edge of their seats. Manulife Investment Management Chief Investment Officer and Senior Portfolio Manager Nathan Thooft joins Market Domination Overtime to share his outlook on the Fed's impending move.

But as Julie was saying a lot, you know, you're gonna have that focus on rate projections on PS commentary.But the reality is if you're gonna make a shift in the dot Plot, you're gonna have to make a shift in some of your assumptions that go in to feed that dot plot, right?And so in order to lower the number of projections for quarter point cuts this year from, let's say three to maybe 1.5 or two.

They actually have a lot of flexibility to do quite a few cuts before they actually become restricted. And so, so given that kind of backdrop made you look across the stock market right now, what looks attractive, where do you want to be invested? We are seeing positive earnings revisions, not only in the US, but outside the US, we're seeing quality of earnings still be very good.

Another major Tesla investor is publicly opposing Elon Musk's $56 billion pay package days before investors vote on the enormous figure.Nvidia was falling on Monday after its stock split, although two Wall Street analysts believe the chip maker’s valuation will keep climbing. Nvidia’s 10-for-1 stock split took effect after Friday’s closing bell.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in MX
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

The market believes the Fed put is in play: StrategistThe NFIB Optimism Index and the Consumer Price Index, key economic data, are set to be released ahead of the Federal Reserve's interest rate decision...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Bull market 'still very young,' driven by strong earnings: market strategistOne market strategist says earnings are continuing to power recent gains in equity markets.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »