VIDEO: Macro Minute: August keeps us wary, but in past week, risk of recession lower and visibility of lower inflation greater. Market increasingly needs to consider Fed could cut rates in early 2024

VIDEO: Macro Minute: August keeps us wary, but in past week, risk of recession lower and visibility of lower inflation greater. Market increasingly needs to consider Fed could cut rates in early 2024

We discuss: The fact stocks traded flat on good news does add to our wariness of August.  But odds a recession fell last week and visibilty for lower inflation improved.  We think markets will start to focus on fact Fed could cut rates as early as Feb/March 2024 as real rates start surging.

Please click below to view today’s Macro Minute (Duration: 7:22).

VIDEO: Macro Minute: August keeps us wary, but in past week, risk of recession lower and visibility of lower inflation greater. Market increasingly needs to consider Fed could cut rates in early 2024

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