December 9, 2025 • 7 mins
Will the Fed cut interest rates? Market & Air Travel Expert Jay Ratliff discusses a possible rate cut and we take a look back at the 2025 stock market.
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Episode Transcript
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Speaker 1 (00:00):
Let's go to the hotline and bring in our market analyst,
Jay Ratliff. You can find them online at daytrade fund
dot com. Again, that's daytradefund dot com and Jay. The
markets have certainly been paying close attention to what the
Federal Reserve is likely to do on interest rates this week,
and the consensus seems to be they're going to cut them.
Speaker 2 (00:19):
Right.
Speaker 3 (00:20):
It's hard to find somebody who says they're not. I mean,
I think the consensus is ninety percent and higher. And
all you got to do is look at the performance
of the Dow right now, and it's wrong. And there
doesn't seem to be any real concern, if you will,
even from a volatility standpoint, with regards to what it
might happen this week. So at this point in time,
(00:41):
they out looks like it's all but a done deal.
Let's just hope everybody on Wall Street that's that's planning
for that, that that's exactly what takes place.
Speaker 1 (00:51):
When you look at some of the data, and it's
been a bit limited because of the government shutdown, kind
of messed up a few reports, but when you look
at it, inflation continues to be kind of sticky. It's
not you know, down to no inflation, like the President
sometimes says, but hasn't really been going up very much either.
(01:11):
It's been kind of flat. But then you look at
the jobs numbers that we've seen from a variety of sources,
and that's why it feels like the Federal Reserve is
most definitely going to cut interest rates because that of
all the issues that we're seeing with the economy right now,
that seems to be the most alarming one.
Speaker 3 (01:32):
It is, and I really think the further we go,
the more that we're going to see that kind of
be the case, because you've got a situation where the
job numbers that we're looking at indicate that some assistance
could be required.
Speaker 2 (01:46):
And I really think the consistency.
Speaker 3 (01:48):
As you mentioned on the inflation would be one thing
that if that's all we had, I could see the
Fed standing pad.
Speaker 2 (01:56):
But I think with some of the.
Speaker 3 (01:57):
Other situations that we've got going on, but there is
a need a little bit of pushed in that direction,
and I think we're going to get it, and I
think that would be the perfect way for us to
move into the new year. And regardless of what happens
in twenty twenty six, I think end this year with
an interest rate cut, I think would set a really
(02:19):
good message as far as what the markets expectations for
next year could be.
Speaker 2 (02:24):
It certainly would, I think sets some minds at ease.
Speaker 1 (02:27):
It's interesting I was talking to someone recently who deals
in mergers and acquisitions, has a lot of conversations with
small to medium sized business owners, and this individual very
bullish on the economy for twenty twenty six. You hear
from some of these big CEOs some hesitancy to say
(02:51):
that because of some of the uncertainty that we've seen
this year. But I thought it was notable that this person,
again dealing with small medium sized businesses, much more bullish
on the economy than what I think you would typically
see from your general market or economic coverage on a
day to day basis.
Speaker 2 (03:13):
Right.
Speaker 3 (03:13):
I think that's consistent with a lot of what I've
been hearing, which has really caught me by surprise given
some of the things that we were looking at. But
you know, I think there's a worry in that mindset
because I think it prevents us from guarding ourselves.
Speaker 2 (03:28):
Against certain other things that might be taking place.
Speaker 3 (03:31):
But I think that a lot of it is some
of the things that are being done now from a
government standpoint, a government DUTs the tariffs and other things
that could provide a boost for the economy.
Speaker 2 (03:43):
Could be coming.
Speaker 3 (03:44):
And I think they're thinking that the results of that
could show as we get into the maybe the second
quarter of next year, might even be looking at some
things for the first So Ryan, when you're looking at
some of the optimism right now that exists on Wall Street,
I don't want to call it a dangerous optimism, but
it seems to ignore to me some of the issues
(04:06):
I have with some overpriced stocks and some other things
that are going on right now. And again I use
that term all the time, the buzz like your crowd.
Speaker 2 (04:14):
To infinity and beyond.
Speaker 3 (04:15):
But you've got a lot of people that are thinking
that we're going to have a very strong market next year.
I don't know that that didn't necessarily be the case,
and I think that there's a lot of indicators out
there that could suggest some turbulence is standing in our way.
But again, we're gonna have to wait see how things
stan out. Obviously, well a few unknowns that will pop
(04:35):
up that we're not expecting. But that's the wonderful thing
about Wall Street. You know, it's wild and wacky and
you really don't know which way things are gonna go.
Speaker 1 (04:43):
We're joined by our market analyst, Jay Ratliff. You can
find them online at daytrade fund dot com. One of
the concerns, especially when it comes to the markets, seems
to be this debate over whether or not there is
an AI bubble and if that were to burst, because
you've got some of the most valued companies tied into that,
(05:04):
then you could have a ripple effect through the economy.
Speaker 2 (05:07):
Is that some of what you're hearing after really?
Speaker 3 (05:11):
In fact, one of the big concerns is if that
were to take place, you're looking at something that could
impact markets for six, eight, twelve months and longer with
regards to the drop and recovery that could take place.
Speaker 2 (05:22):
And again, it's a lot like so many other things
that we've.
Speaker 3 (05:27):
Had where people have gotten really excited about certain things
that were the next step.
Speaker 2 (05:31):
If it was cryptocurrency. I remember when marijuana.
Speaker 3 (05:35):
Was going legal coast to coast about the excitement that
was around that industry and everything that was going to
be created as a result.
Speaker 2 (05:43):
And the AI.
Speaker 3 (05:44):
Bubble is just something that to me almost has no
limit when you talk to certain individuals about what the capabilities,
possibilities and the future applications could be with some of
the AI technology that even has yet to be developed,
and I think that's going to be something that you know,
we're gonna have to wait and see. Obviously, many times,
as you and I've discussed the excitement, the optimism is
(06:08):
always seems to outpace reality. But you know that tends
to be life in general, especially when it comes to
speculating on what's going to be going on with the
stock market.
Speaker 1 (06:16):
Last thing I want to touch on the stock market's
performance in twenty twenty five. You know, early on you
had some big dips, mostly associated with all the tariff
policies that were being rolled out. But then when you
take a step back and you look at where things
are now, the market's really continued to trend up, set
record highs. What's your thirty thousand foot view of how
(06:40):
the markets have performed.
Speaker 2 (06:41):
I was surprised.
Speaker 3 (06:42):
I wasn't really too worried about the tariff tank because
I figured we come back, Brian. I really thought we
would be battling inflation a little bit harder with regard.
Speaker 2 (06:52):
To its impact on the commune I don't get me wrong.
Speaker 3 (06:54):
It has certainly impacted a lot of different markets, but
we're starting to see some recovery in some things, even
in the housing market in some regards. In some places
they're seeing signs of life that could obviously be bolstered
by a lower interest rates that might come out. But
I really thought we were going to see more challenges
this year as things were rolling, and I remember thinking, well,
(07:18):
if we break in the year, it's going to be
a whim And obviously, as the markets have continued to
get stronger, it's certainly vote well for Wall Street and
I'm certainly glad to see it. And it just makes
me wonder if some of the concerns that we were
talking about this year, if it may be just pushed
back to next year.
Speaker 2 (07:36):
Obviously, we'll have to wait to see.
Speaker 1 (07:37):
Our market analyst Jay Rattlift you can find online at
Daytrade Fun dot com. Again, that's Daytradefun dot com. Jay,
really appreciate the time and insight. Well, tut to you
next week.
Speaker 2 (07:48):
Thank you. Ryan.
Speaker 3 (07:49):
It's a Ryan Gorman Show five to nine every weekday
morning on news radio.
Speaker 2 (07:54):
How would you fla
Let's go to the hotline and bring in our market analyst,
Jay Ratliff. You can find them online at daytrade fund
dot com. Again, that's daytradefund dot com and Jay. The
markets have certainly been paying close attention to what the
Federal Reserve is likely to do on interest rates this week,
and the consensus seems to be they're going to cut them.
Speaker 2 (00:19):
Right.
Speaker 3 (00:20):
It's hard to find somebody who says they're not. I mean,
I think the consensus is ninety percent and higher. And
all you got to do is look at the performance
of the Dow right now, and it's wrong. And there
doesn't seem to be any real concern, if you will,
even from a volatility standpoint, with regards to what it
might happen this week. So at this point in time,
(00:41):
they out looks like it's all but a done deal.
Let's just hope everybody on Wall Street that's that's planning
for that, that that's exactly what takes place.
Speaker 1 (00:51):
When you look at some of the data, and it's
been a bit limited because of the government shutdown, kind
of messed up a few reports, but when you look
at it, inflation continues to be kind of sticky. It's
not you know, down to no inflation, like the President
sometimes says, but hasn't really been going up very much either.
(01:11):
It's been kind of flat. But then you look at
the jobs numbers that we've seen from a variety of sources,
and that's why it feels like the Federal Reserve is
most definitely going to cut interest rates because that of
all the issues that we're seeing with the economy right now,
that seems to be the most alarming one.
Speaker 3 (01:32):
It is, and I really think the further we go,
the more that we're going to see that kind of
be the case, because you've got a situation where the
job numbers that we're looking at indicate that some assistance
could be required.
Speaker 2 (01:46):
And I really think the consistency.
Speaker 3 (01:48):
As you mentioned on the inflation would be one thing
that if that's all we had, I could see the
Fed standing pad.
Speaker 2 (01:56):
But I think with some of the.
Speaker 3 (01:57):
Other situations that we've got going on, but there is
a need a little bit of pushed in that direction,
and I think we're going to get it, and I
think that would be the perfect way for us to
move into the new year. And regardless of what happens
in twenty twenty six, I think end this year with
an interest rate cut, I think would set a really
(02:19):
good message as far as what the markets expectations for
next year could be.
Speaker 2 (02:24):
It certainly would, I think sets some minds at ease.
Speaker 1 (02:27):
It's interesting I was talking to someone recently who deals
in mergers and acquisitions, has a lot of conversations with
small to medium sized business owners, and this individual very
bullish on the economy for twenty twenty six. You hear
from some of these big CEOs some hesitancy to say
(02:51):
that because of some of the uncertainty that we've seen
this year. But I thought it was notable that this person,
again dealing with small medium sized businesses, much more bullish
on the economy than what I think you would typically
see from your general market or economic coverage on a
day to day basis.
Speaker 2 (03:13):
Right.
Speaker 3 (03:13):
I think that's consistent with a lot of what I've
been hearing, which has really caught me by surprise given
some of the things that we were looking at. But
you know, I think there's a worry in that mindset
because I think it prevents us from guarding ourselves.
Speaker 2 (03:28):
Against certain other things that might be taking place.
Speaker 3 (03:31):
But I think that a lot of it is some
of the things that are being done now from a
government standpoint, a government DUTs the tariffs and other things
that could provide a boost for the economy.
Speaker 2 (03:43):
Could be coming.
Speaker 3 (03:44):
And I think they're thinking that the results of that
could show as we get into the maybe the second
quarter of next year, might even be looking at some
things for the first So Ryan, when you're looking at
some of the optimism right now that exists on Wall Street,
I don't want to call it a dangerous optimism, but
it seems to ignore to me some of the issues
(04:06):
I have with some overpriced stocks and some other things
that are going on right now. And again I use
that term all the time, the buzz like your crowd.
Speaker 2 (04:14):
To infinity and beyond.
Speaker 3 (04:15):
But you've got a lot of people that are thinking
that we're going to have a very strong market next year.
I don't know that that didn't necessarily be the case,
and I think that there's a lot of indicators out
there that could suggest some turbulence is standing in our way.
But again, we're gonna have to wait see how things
stan out. Obviously, well a few unknowns that will pop
(04:35):
up that we're not expecting. But that's the wonderful thing
about Wall Street. You know, it's wild and wacky and
you really don't know which way things are gonna go.
Speaker 1 (04:43):
We're joined by our market analyst, Jay Ratliff. You can
find them online at daytrade fund dot com. One of
the concerns, especially when it comes to the markets, seems
to be this debate over whether or not there is
an AI bubble and if that were to burst, because
you've got some of the most valued companies tied into that,
(05:04):
then you could have a ripple effect through the economy.
Speaker 2 (05:07):
Is that some of what you're hearing after really?
Speaker 3 (05:11):
In fact, one of the big concerns is if that
were to take place, you're looking at something that could
impact markets for six, eight, twelve months and longer with
regards to the drop and recovery that could take place.
Speaker 2 (05:22):
And again, it's a lot like so many other things
that we've.
Speaker 3 (05:27):
Had where people have gotten really excited about certain things
that were the next step.
Speaker 2 (05:31):
If it was cryptocurrency. I remember when marijuana.
Speaker 3 (05:35):
Was going legal coast to coast about the excitement that
was around that industry and everything that was going to
be created as a result.
Speaker 2 (05:43):
And the AI.
Speaker 3 (05:44):
Bubble is just something that to me almost has no
limit when you talk to certain individuals about what the capabilities,
possibilities and the future applications could be with some of
the AI technology that even has yet to be developed,
and I think that's going to be something that you know,
we're gonna have to wait and see. Obviously, many times,
as you and I've discussed the excitement, the optimism is
(06:08):
always seems to outpace reality. But you know that tends
to be life in general, especially when it comes to
speculating on what's going to be going on with the
stock market.
Speaker 1 (06:16):
Last thing I want to touch on the stock market's
performance in twenty twenty five. You know, early on you
had some big dips, mostly associated with all the tariff
policies that were being rolled out. But then when you
take a step back and you look at where things
are now, the market's really continued to trend up, set
record highs. What's your thirty thousand foot view of how
(06:40):
the markets have performed.
Speaker 2 (06:41):
I was surprised.
Speaker 3 (06:42):
I wasn't really too worried about the tariff tank because
I figured we come back, Brian. I really thought we
would be battling inflation a little bit harder with regard.
Speaker 2 (06:52):
To its impact on the commune I don't get me wrong.
Speaker 3 (06:54):
It has certainly impacted a lot of different markets, but
we're starting to see some recovery in some things, even
in the housing market in some regards. In some places
they're seeing signs of life that could obviously be bolstered
by a lower interest rates that might come out. But
I really thought we were going to see more challenges
this year as things were rolling, and I remember thinking, well,
(07:18):
if we break in the year, it's going to be
a whim And obviously, as the markets have continued to
get stronger, it's certainly vote well for Wall Street and
I'm certainly glad to see it. And it just makes
me wonder if some of the concerns that we were
talking about this year, if it may be just pushed
back to next year.
Speaker 2 (07:36):
Obviously, we'll have to wait to see.
Speaker 1 (07:37):
Our market analyst Jay Rattlift you can find online at
Daytrade Fun dot com. Again, that's Daytradefun dot com. Jay,
really appreciate the time and insight. Well, tut to you
next week.
Speaker 2 (07:48):
Thank you. Ryan.
Speaker 3 (07:49):
It's a Ryan Gorman Show five to nine every weekday
morning on news radio.
Speaker 2 (07:54):
How would you fla
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