Fed Rate Cut Uncertainty: Inflation Risks and Equity Sector Picks
Description
Edison Byzyka discusses market expectations ahead of the Fed's rate cut decision. He believes the market is underestimating the risk of sustained inflation, which could lead to a change in the Fed's rate cut path. He also shares his cautious outlook on bonds, citing the 10-year yield's recent reaction to the last Fed meeting, and instead favors equities, particularly in sectors like materials, financials, and real estate, which could benefit from a neutral sector approach.
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