Notes From the Desk: Market Focus Shifts to Fears of an Economic Contraction
August 06, 2024 at 11:33 AM EDT
Until recently, the prevailing market narrative since October was that the Fed was in a “pivot” to eventual rate cuts given a Goldilocks economic environment defined by falling inflation and a moderate economic expansion. Last week’s data readings and the market’s reaction indicate that US economic growth may be moving out of a “soft landing” [...] The post Notes From the Desk: Market Focus Shifts to Fears of an Economic Contraction appeared first on ETF Trends .