Reported 12 days ago
Kate Moore, BlackRock’s head of thematic strategy, discusses the conditions necessary for the stock market to thrive following the Fed's rate cuts. She highlights the need for strong earnings, stable payrolls, and clarity on macroeconomic policies as essential factors for market growth. With uncertainty around the labor market and upcoming elections, Moore notes that companies may delay capital expenditures, impacting overall market momentum. Investors are looking for clearer signals that the economic fundamentals are sound and that the labor market remains robust.
Source: YAHOO