) anticipate the Federal Reserve to cut interest rates at its September FOMC meeting in two weeks, but several uncertainties could affect this outlook. The August jobs reportCrossmark Global Investments chief market strategist Victoria Fernandez joins the Morning Brief team to discuss these factors.
However, she advises investors to focus on areas that"typically do well in uncertain times." According to Fernandez, this includes consumer staples -- Forman Capital, a leading private direct real estate lender, provided a $55.22 million bridge loan to Invesca Development and the Gold Coast Florida Regional Center to convert 214 Class A rental units into for-sale condo residences in Pompano Beach – one of South Florida’s fastest-growing cities.
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