HardyJenny
04-11

so i expect rates in 2024 to stay stable or adjust only slightly, the possibility of two or three rate cuts is unlikely

although cpi data shows 3.5% , which might hint at inflation pressure

the fed's determination to maintain price stability can't be ignored, considering the current complexity of the economy and global market uncertainty, the fed is more likely to remain cautious and won't easily cut rates furthermore

the fed may focus more on long-term economic health rather than short-term market fluctuations $NASDAQ(.IXIC)$ $Invesco QQQ Trust-ETF(QQQ)$ $Invesco NASDAQ 100 ETF(QQQM)$ $Nasdaq100 Bull 3X ETF(TQQQ)$ $Nasdaq100 Bear 3X ETF(SQQQ)$ $DJIA(.DJI)$ $S&P 500(.SPX)$

CPI 3.5%! Expect 2 or 3 Rate Cuts in 2024?
March headline CPI is 3.5%, higher than estimates of 3.4% and also the highest since September 2023. Core CPI is 3.8%, higher than estimates of 3.7%. Goldman Sachs expects only two rate cuts this year, with the first in July and the second in November. ------------- How do you expect rate cut in 2024? Will S&P start to pullback after hot inflation data? What's your target?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • HarryCox
    04-11
    HarryCox
    Wah, your analysis on the 2024 rates outlook is very insightful, lah!
  • Kevinshen2023
    04-12
    Kevinshen2023
    Nice
Leave a comment
2
2