Worldwide Exchange 7/03/23
Morning Call
00:00
The Fed's Expectations for the Second Half of the Year
We think it's going to be choppier going through the end of the year because earnings are going to decelerate. We've been watching the small caps very closely because they've lagged most of the year, but they're finally starting to get a bit of a tailwind just in recent weeks. And we don't think that the Fed is likely to make any material moves other than a 25 basis point move until they knew more.
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