
MI258: Expect Further Stock Market Declines & A Recession in 2023 w/ Chance Finucane
The Intrinsic Value Podcast - The Investor’s Podcast Network
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What Does This Fed Pivot Mean for the Stock Market?
The market is anticipating about 200 basis points or 2% in a cut in the federal funds rate over the next couple of years. The Fed on average has cut rates by almost 7%, which is not possible right now. If anything, we would expect that rates would get cut significantly back towards 1% or even towards zero again if they really needed to stimulate the economy.
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