Long-term interest rates have been rising again even though the Fed paused raising short-term rates in September, notes David Scranton. He discusses how markets slide as investors eye developments in Israel. He talks about how in 2022 we had one of the worst years ever for investors thanks to the Fed. For most of this year we’ve seen steady improvement, and he still believes the worst is over. He highlights that the situation we’re in now is perfectly normal in terms of what typically happens when we’re nearing the end of any rate-hiking cycle by the Fed. The market is simply digesting all the changes of the last year-and-a-half and adjusting to them. He previews the CPI, PPI, and FOMC minutes highlights this week’s ecodata and how the market is adjusting to higher rates. Tune in to find out more about the stock market today.
Trading 360
09 Oct 2023
SHARE