Monetary Policy Under Scrutiny

When today's guest was last on this program back in May, she made the somewhat heretical prediction that when the Fed started cutting interest rates, it would set off a chain of events that were likely to prove more restrictive than its tightening policy. Well, here we are 6 months later, and the Fed has indeed started cutting interest rates and yet longer duration bond yields and mortgage rates are....higher?? So, is her prediction coming true? To find out, we're fortunate to welcome Cameron Dawson, Chief Investment Officer at NewEdge Wealth, back to the program today. We'll also hear her market outlook, as stock bulls are clearly in risk on mode right now. Cameron thinks they may continuing stampeding higher for a while.

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