HomeMarketsU.S. EconomyA Fed Pivot Could Spur “Animal Spirits” & Investor Confidence

A Fed Pivot Could Spur “Animal Spirits” & Investor Confidence

Powell is saying that growth slowing is not supported by hard data, notes Cameron Dawson. She talks about how a Fed pivot would spur “animal spirits” and investors' confidence to come back. She discusses S&P 500 forward P/E, as well as the outlook for Fed rate cuts in 2024. She looks at equal weight consumer discretionary versus staples: household consumption forecasts in GDP. Tune in to find out more about the stock market today.

Morning Trade Live

18 Dec 2023

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