Reported about 1 year ago
Crossmark Global Investments chief market strategist Victoria Fernandez discusses the market's anticipation of a Federal Reserve rate cut, amidst conflicting economic data and potential inflation concerns. Fernandez believes the market is confident in the 'Fed put', with expectations of a rate cut possibly in December. She advises caution in portfolio positioning, citing historical market reactions to rate cuts, and suggests diversification strategies such as including defensive plays, value and growth stocks, fixed income with a barbell strategy, and exploring international markets for potential opportunities.
Source: YAHOO