Latest / Markets with Megan: A Quick Financial Markets Update
The Dangers of Becoming Dovish - Celebrating the 100th Episode | Episode 100 | 02-08-2024
In today's special 100th episode of Markets with Megan, Chief Investment Officer Megan Horneman, addresses the recent market volatility and its ties to the Federal Reserve's decision-making. In our December warnings, we highlighted Chairman Jerome Powell's dovish turn on interest rates, predicting potential pitfalls. Fast forward to today, and we're witnessing the aftermath of early dovishness, with economic activity surging, inflation indicators rising, and the Fed scrambling to backtrack expectations for rate cuts. Despite positive consumer sentiment and spending, credit card delinquencies…
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