Did The Fed's Hawkish Cut Just Change Everything For Markets? | New Harbor Financial
Update: 2024-12-24
Description
The Fed sent a shock through markets last week when it announced that fewer rates cuts may be needed to reach its policy goals.
The S&P immediately sold off by -3% and the Nasdaq and Russell sold off even harder.
It this just a curveball that, once digested, won't a matter much to the bull trend?
Or, could it have set up a reversal in trend?
To discuss, the advisors at New Harbor Financial give their take and then answer viewer questions live.
The S&P immediately sold off by -3% and the Nasdaq and Russell sold off even harder.
It this just a curveball that, once digested, won't a matter much to the bull trend?
Or, could it have set up a reversal in trend?
To discuss, the advisors at New Harbor Financial give their take and then answer viewer questions live.
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