Riding The Coney Island Roller Coaster of Market Uncertainty
Could we see a rate hike before a rate cut? That is the question on the table that will most likely be answered in December of this year. If the Fed doesn’t take action and Wall Street priced in the potential of seven rate cuts, where does that put the S&P 500 for the rest of the year? I’ll tell you why I don’t think we’ll see movement until later this year and where that leaves the major indices until then.