The stock market had rallied to start the year, but the momentum lately eased as hopes for rate cuts pulled back.
Federal Reserve Chair Jerome Powell said in late January that a March rate cut is unlikely, triggering the biggest sell-off since September for the S&P 500.
The positive U.S. economy, the Federal Reserve engineering a soft landing this year both support the equity markets to end higher this year. The recent data indicate a solid labor market, healthy GDP growth and inflation moderating at a better pace than expected.
We believe the market volatility is expected to ease as the underlying factors that caused the uncertainty dissipate. Investors are advised to remain calm and focused on the longer-term trends rather than getting carried away by short-term fluctuations. With increased clarity on the economic outlook and policy path, market participants can expect stability to gradually return to financial markets.
If you want to know more details to provide support for your investment and business activities, this financial report that we have selected for you can give you what you want, please subscribe to read it. FORESIGHT which is the preeminent internal reference about equity markets, will provide more forward-looking and compelling investment suggestions to investors.
Subscribe to -unlock this article
Audience
per year
Subscriber