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DeHaven Becker thinks the Fed will “save the day again” with a 25-basis-point rate cut in September and another before the end of the year. He thinks corporate earnings are benefitting from a consumer that is “still ok, despite the noise.” He says the economy has softened “a little bit” but isn’t concerned about recession. “Remember, we don’t need things to be great…we just need them to be good enough.” He expects the market to be “slow and steady” upwards into the end of the year, and would treat pullbacks as a buying opportunity.
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By Schwab Network4.6
3737 ratings
DeHaven Becker thinks the Fed will “save the day again” with a 25-basis-point rate cut in September and another before the end of the year. He thinks corporate earnings are benefitting from a consumer that is “still ok, despite the noise.” He says the economy has softened “a little bit” but isn’t concerned about recession. “Remember, we don’t need things to be great…we just need them to be good enough.” He expects the market to be “slow and steady” upwards into the end of the year, and would treat pullbacks as a buying opportunity.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about

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