📺 CPI Bet: Romancing Fed Cuts
From Macro EDGE Round Up recorded on 07/09/2024
In this short clip from Macro EDGE Roundup recorded on 07/09/2024 (available to EDGE members), Craig Shapiro and I delve into recent economic indicators and Federal Reserve policies.
We discuss how various economic data, including non-farm payrolls and PMI readings, have shown a mix of results with some indications of economic slowdown. Craig highlights the Federal Reserve's cautious stance on monetary policy adjustments in light of fluctuating economic signals and ongoing inflation concerns.
Additionally, we touch on the performance of major stocks and sectors, noting significant movements in technology giants while other sectors underperform, reflecting broader economic trends and market expectations.
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