Macro Monday Ep48: Fed slightly more cautious, but market unphased

Update: 2024-10-14

Description

In this week’s Macro Monday update, Chris Holdsworth, Chief Investment Strategist of Investec Wealth & Investment International, looks at what a Trump vs Harris win would mean for the US economy. He also comments on a slightly more hawkish tone from the latest FOMC, with the market now pricing in a 90% chance of a 25bp cut in November. Despite this, the S&P 500 closed at a record high on Friday. In South Africa, SOE performance is slowly grinding upwards, says Holdsworth, suggesting further upside to SA business confidence. Investec Focus Radio SA

Comments

Top Podcasts

The Best New Comedy Podcast Right Now – June 2024 The Best News Podcast Right Now – June 2024 The Best New Business Podcast Right Now – June 2024 The Best New Sports Podcast Right Now – June 2024 The Best New True Crime Podcast Right Now – June 2024 The Best New Joe Rogan Experience Podcast Right Now – June 20 The Best New Dan Bongino Show Podcast Right Now – June 20 The Best New Mark Levin Podcast – June 2024

In Channel

Everything Counts | Episode 16: How to Be a Good Driver

2024-12-2416:53

NOW Ep88: G20 South Africa | Global goals, local priorities

2024-12-1020:39

Everything Counts | Episode 15: The Great South African Road Trip

2024-12-1041:13

Macro Monday ep55: GDP numbers provide ample scope for rate cuts

2024-12-0907:50

Macro Monday Ep54: US labour market and tariffs a concern

2024-12-0208:17

NOW Ep87: Confidence - The catalyst for SA's economic revival

2024-11-2712:03

Everything Counts | Episode 14: The essential tax guide for freelancers and digital nomads

2024-11-2613:17

Macro Monday Ep53: SA monetary policy remains restrictive

2024-11-2507:26

NOW Ep86: MAGAnomics | Trump and the global economy

2024-11-1218:44

Everything Counts | Episode 13: Getting tax-smart

2024-11-1223:27

Macro Monday Ep52: The role of inflation in US elections

2024-11-1108:11

Macro Monday Ep51: Further rate cuts expected

2024-11-0408:17

NOW Ep85: Top concerns for global financiers in today’s market

2024-10-2923:30

Everything Counts | Episode 12: Sustainability at Home

2024-10-2929:07

Macro Monday Ep50: IMF warns on global debt

2024-10-2809:23

Macro Monday Ep49: Trump vs Harris: who will drive growth?

2024-10-2108:54

NOW Ep84: Mini-budget preview - Improved outlook for state finances?

2024-10-1523:11

Everything Counts | Episode 11: Saving for your future self

2024-10-1520:29

Macro Monday Ep48: Fed slightly more cautious, but market unphased

2024-10-1409:03

Macro Monday Ep47: Global growth still good but slowing; US nonfarm payrolls surge

2024-10-0707:22

00:00

Macro Monday Ep48: Fed slightly more cautious, but market unphased

#box-pro-ellipsis-173542428522515{-webkit-line-clamp:2;}Macro Monday Ep48: Fed slightly more cautious, but market unphased

Macro Monday Ep48: Fed slightly more cautious, but market unphased

Investec

Macro Monday Ep48: Fed slightly more cautious, but market unphased