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Knapp: Fed Definitely Cutting in September, Maybe by 50 BPS
Manage episode 501042982 series 3645668
Barry Knapp thinks Powell will not commit to a rate cut at Jackson Hole but thinks the Fed will definitely cut rates in September – possibly by half a percent. He expects rebounding capital investment to start hitting markets in 4Q, but on the other hand the “tax” of tariffs is hitting consumers. He lays out his argument for rate cuts this year and how he thinks the Fed can get rates to neutral. He also picks out areas of the market he thinks will respond well, including small caps.
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7040 episodes
Manage episode 501042982 series 3645668
Barry Knapp thinks Powell will not commit to a rate cut at Jackson Hole but thinks the Fed will definitely cut rates in September – possibly by half a percent. He expects rebounding capital investment to start hitting markets in 4Q, but on the other hand the “tax” of tariffs is hitting consumers. He lays out his argument for rate cuts this year and how he thinks the Fed can get rates to neutral. He also picks out areas of the market he thinks will respond well, including small caps.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
7040 episodes
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