Despite February’s inflation prints, markets remain steadfast in their belief that the Federal Reserve will commence interest rate cuts in June. RBC Capital Markets Head of US Equity Strategy Lori Calvasina joins Yahoo Finance Live to discuss why economic data is forcing the Fed on a cautious path to rate cuts.
Calvasina notes that the recent lackluster data has forced investors to “ratchet down their expectations” significantly for rate cuts. She cites rising “concerns of inflation coming in hotter than anticipated,” saying the muted market reactions to the February CPI and PPI data “make sense.”
However, Calvasina points out that there has been “a stabilization in earnings estimates,” suggesting a strong economy, which leads investors to believe “the Fed can’t possibly cut.” She notes that “the economic narrative has completely flipped.” However, she points out that recession concerns are no longer a pressing issue.
#youtube #inflation #yahoofinance
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Economy is not strong.
Platinum
Umm. Consumer is weak. And getting weaker. Employment dropping. Cuts will come.
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
Lol no way thread the needle lost
<I have about 5% of my portfolio in uranium stock, any advice on any other stock that I can grow my $300k capital to a million dollars?
She speaks so fast, I hv to slow the video speed to 0.75x to hear her. Lol
Ive never heard of this woman before but i like her data analytics proficiency. Ill try to hear more of her🎉
Made the and gone plus scared of the Fed. Nobody is in right now , will be back soon.
Business is finally going to get it to work on it today and get a new phone number is on my desk at it and let me get back to work.
We need significant rate cuts
I'm favoured $130k every 4 weeks! I now have a good house and can afford anything and also support my family>>
This host got frustrated with Michael Saylor a couple days ago for saying he never wants to sell his Bitcoin lol.
Laid off and haven’t found any new work now for 2 months. I’m not the only one
Lori is the best analyst!
People are about to lose a ton of cash in this market. Book it.
The market is irrational AF…both up and down
There will be no rate cuts this election year….
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