Reported about 1 month ago
Brad Smith and Seana Smith discuss the recent market downturn and the Federal Reserve's upcoming interest rate decisions. Strategist Matt Maley believes a 25-basis-point cut is more likely, arguing that a larger cut could unsettle the market. He highlights concerns about the market's optimistic outlook for the economy and stresses that while current earnings and growth are supporting the market, valuations remain high and may not be sustainable.
Source: YAHOO