“In September, we saw a 50-basis point rate cut by the Fed. That was both in response to better inflation data and some concerns about the health of the labor market…and I think it really told the markets that the Fed is serious about responding to its dual mandate, which is both employment and inflation.”
Each quarter, Julie Biel, CFA, Chief Market Strategist, offers her perspective on the underlying forces driving the market. Listen to her most recent episode where Julie recaps market activity during 3Q 2024, focusing on these areas:
- The effect of the Fed’s initial rate cut on small and medium sized companies
- Diversification beyond the Mag 7
- Consensus expectations going into 2025
For more insights, read our 3Q 2024 Commentary or subscribe to KayneCast where we provide the latest updates from the KAR Investment Team on our investment strategies.
KayneCast is available on Apple Podcasts and Spotify.