Markets 'Lost the Plot' on Interest Rates: Strategist

Reported 11 months ago

JPMorgan Asset Management Global Market Strategist, Jack Manley, expresses frustration with the prevailing market theme of 'good news is bad news' and criticizes the misunderstanding of interest rates. He emphasizes that the Federal Reserve does not desire a recession and urges individuals to focus on more tangible outcomes rather than speculating on the Fed's actions. Manley predicts that rates will move lower in the long term despite uncertainty in the short term.

Source: YAHOO

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