Investors Are No Longer Fearful, But Should They Be?
Underwhelming earning reports and other economic data are showing that the Fed could get the data it needs to finally consider cutting rates sooner than later. However, as my colleagues have said many times, eventually bad news is going to be just that – bad news. For now, investors seem hopeful that a weakening economy will lead to cut rates that will, in turn, boost the economy back higher while keeping inflation at bay. So, how bad is the data coming in and what can you do about it to keep your portfolio safe?