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The Fed caught markets by surprise this week when it guided that the pace of future rate cuts will be slower than initially expected.
Stocks sold off hard on the news and bond yields spiked.
Friday saw some recovery, causing investors to wonder:
Is a Santa Claus rally still likely?
Or could a Grinch bust be in the cards now?
Portfolio manager Lance Roberts and I discuss the odds, as well as the latest inflation data, his macro and market outlook for 2025, and his firm's latest trades.
For everything that mattered to markets this week, watch this new Market Recap.
#inflation #federalreserve #interestrates
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