Reported 28 days ago
In a discussion about recent market movements following August's CPI report, UBS Global Wealth Management's Jason Draho indicated that investors are eager to increase their exposure but are waiting for stronger economic indicators to provide reassurance. While the expected rate cuts from the Federal Reserve remain a focal point, the market's response suggests a tentative confidence in a soft landing for the economy, yet the final outcome of the Fed's approach may influence investor sentiment significantly.
Source: YAHOO