1-month performance highlights that a risk-taking appetite has been re-injected into the markets, notes Alexander Reed. He examines recent market performance. He talks about how “soft landing” expectations have overtaken “recession” as a consensus view. He goes over how markets could be pricing in five cuts in 2025. He outlines expectations for the Fed’s path forward. He mentions how the market has adopted the “bad news is good news” playbook. Finally, he looks at portfolio strategies to consider in the current environment. Tune in to find out more about the stock market today.