'How Much Can the Fed Cut' with Current Market Strength?

Despite a volatile week thanks to the U.S. election and a possible rate cut, Russell Hackmann says there's still plenty of strength in the markets. He points to the S&P 500's 20% year-to-date climb and companies' explosive "magnitude of spending in A.I." as factors behind that strength. With another rate cut expected on Thursday, he weighs how much the Fed can keep cutting if trends continue into 2025.

The Watch List

04 Nov 2024

SHARE

Schwab Network's Newsletters

Daily insights for every investor