Why one strategist thinks stock market sentiment may have shifted

📆 9/15/2023 1:46 PM
📰 YahooFinanceCA

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The Federal Reserve will hold its September meeting next week. traders and investors are betting the Fed will hold rates steady despite inflation being above their % target. Crossmark Global Investments Chief Market Strategist Victoria Fernandez tells Yahoo Finance Live that it looks like there has been a 'shift' in how the market and investors are interpreting economic data. For the past few weeks, 'good news' on the economy indicated that the Fed would have to keep hiking rates, explains Fernandez, but now good is “actually good news,” as the market and investors are starting to think Fed may be close to pausing its rate hike cycle. 

Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023.STORY: China has slammed the European Commission's decision to investigate its electric vehicles subsidies.Beijing called the probe a 'protectionist act', and warned it could hurt economic and trade relations.

This is distorting our market and as we do not accept this distortion from the inside in our market, we do not accept this from the outside."Von Der Leyen said Brussels would investigate, and might impose punitive tariffs.But analysts warned Beijing could retaliate and hurt European industries.China's EV makers have accelerated exports recently, in response to slowing domestic demand.

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