Reported 2 months ago
David Rosenberg, founder of Rosenberg Research, has stated that an intermeeting rate cut by the Federal Reserve is improbable, as it would require significant market disruptions. He predicts that a cut will more likely occur in September, with anticipated reductions of 25 to 50 basis points. Rosenberg emphasizes the importance of assessing equity risk relative to market yields, indicating a cautious outlook as the equity risk premium remains lower than historical averages.
Source: YAHOO