MRKT Matrix Stocks Drop on Fed Cut Jitters & Tech Rout
Nov 13, 2025
Markets experienced a significant drop, driven by concerns over a potential rate cut and pressure from major tech stocks. Foreclosure rates surged 20% in October, highlighting risks in the housing market. Verizon announced a plan to cut 15,000 jobs while AI technology begins to show promising returns for companies. Meanwhile, the contrast between Big Tech's profits and startups' losses raises questions about the sustainability of AI investments. Waymo made headlines with its launch of fully driverless freeway rides in select U.S. cities.
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Market Reprices Fed Cuts And AI Hype
- Stocks plunged as AI valuation worries combined with fading odds of a December Fed cut to spark broad selling pressure.
- The market repriced rate-cut odds sharply, creating uncertainty about policy timing and risk appetite.
Fed Division Shifts Market Expectations
- Fed officials signaled caution, pulling forward the possibility of holding rates longer and splitting the committee's views on cuts.
- Traders shifted probability toward later easing, with early-2026 cuts gaining traction.
Housing Distress Is Rising, But Not Crisis-Level
- Foreclosure filings rose for the eighth straight month but remain far below Great Recession peaks.
- Elevated consumer debt and sticky mortgage rates could push more homeowners toward distress if job issues increase.