Facts Vs Feelings Take 5 – The Fed Pivoted, and Stocks Like It

The Fed halted rate hikes last week – and even penciled in a few cuts in 2024. As a result, the stock market surged. Get the details from Carson Group’s Chief Market Strategist Ryan Detrick and VP, Global Macro Strategist Sonu Varghese. Highlights include: 

  • The current policy rate is 5.4%; predicted rate at the end of 2024 is 4.6%  
  • Stocks are up 20% from two years ago 
  • A lot of stocks have hit monthly highs over the last few weeks 
  • We’re ending with strong momentum and signs of good things to come in 2024

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Facts Vs Feelings Take 5 – The Fed Pivoted, and Stocks Like It

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