Traders have been pricing in a 25-basis-point interest rate cut from the Federal Reserve expected at the central bank's September meeting next week. Crescent Grove Advisors co-chief investment officer Andrew Krei joins Wealth! to discuss the Fed's rate cut path ahead and how investors can best position their portfolios.
"We just sort of take the totality of information and think that perhaps this last little bit of volatility that we've seen over the last several weeks here is a bit unwarranted, given, again, everything that's going on. We think there's a pretty favorable backdrop going forward for markets," Krei explains.
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U.S. Federal Reserve policy-makers see job market as key to rate-cut decisionBoston Fed President Susan Collins said on Thursday that she believes it will ‘soon’ be appropriate for the central bank to begin reducing rates
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