As US stock continue their rate cut-fueled rally, Evercore ISI senior managing director of equity, derivatives, and quantitative strategy Julian Emanuel, joins Market Domination hosts“The Fed's projections are inflation going lower and actually hitting the 2% target in 2026 and down to 2.
And if you look at the fed's projections, the feds projections are inflation going lower and actually hitting the 2% target in 2026 and, and down to 2.2 in 2025 whereas uh unemployment nudging higher to 4.4%. Julian, let me ask you another question, which is I, I'm just curious, how close do you think the fed is monitoring those financial markets expectations of a cut?
And the market needed to process this message that in fact, no, the fed doesn't know anything that we know or don't know about economic weakness and that yes, uh we are able to live con uh continuously longer with this sort of data point, uncertainty that the fed has said is part of their decision making calculus.
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