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- April 6 Weekly Stock Market Update - The fed gives conflicting views on rate cuts
April 6 Weekly Stock Market Update - The fed gives conflicting views on rate cuts
$ACHR $CAVA $CMG $LULU $V
Mukund Mohan
April 06, 2024
Review
In January I mentioned I expect few rate cuts and only in the 2H of 2024. While other market watchers have been expecting 5 rate cuts I have been consistently mentioning 3. The reason is the consumer is VERY strong. Both at the top end of the socio-economic ladder and at the bottom. The metrics and numbers confirm my view, which means I am still bullish, but there will be bumps before rate cuts.
This is the 3rd week in 4 weeks we saw a down move for the indices
