The Fed’s efforts to stimulate the markets and economy in the last easing cycle dampened their ability to restrict the economy in this current hiking cycle, notes Ben Emons. He discusses how stocks rise slightly coming off of last week’s rally. He talks about how even with longer lag, we eventually expect higher interest rates to begin to have a larger impact on the real economy. He highlights that based on technicals, the long chute lower for interest rates appears to have ended. Tune in to find out more about the stock market today.
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06 Nov 2023
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