Following a 50 basis point rate cut, the S&P 500 hit record highs, and Gold rallied to all-time highs.
At current levels, the index’s valuation of 21 times forward earnings is significantly higher than the long-term average. However, near-term momentum is bullish for markets
Markets confront a Treasury–Fed tug-of-war as Scott Bessent’s aggressive yield-capping fades and Chair Warsh’s independent stance dominates ahead…
Markets digest cooling inflation and softer spending as the Fed’s September hike odds recede, while Nvidia’s $500bn AI…
Softer July payrolls and downward revisions eased expectations for a September Fed hike, while moderating wages and lower…
