Markets Eye Fed’s Next Move, Bad News vs. Good News, & RIA vs Broker

This week on Money Wise, the guys recap another solid week on Wall Street, with the Dow up 433 points (1%), the S&P 500 up 103 points (1.6%), and the NASDAQ up 441 points (2%). Year-to-date gains now stand at 7.7% for the Dow, 11.9% for the S&P, and 14.7% for the NASDAQ. The conversation highlights how markets reacted to economic data, with producer prices coming in below expectations and jobless claims higher than forecast, fueling optimism that the Fed may announce a rate cut at its upcoming meeting. The Money Wise guys also touch on how Wall Street often interprets “bad news” as “good news,” why liquidity levels remain historically high, and the importance of keeping perspective on market performance beyond headlines.

Markets Eye Fed’s Next Move

Markets are increasingly betting that the Federal Reserve will announce a rate cut at its upcoming meeting, with many expecting a ¼-point move and some even suggesting the possibility of a deeper cut later this year. Recent economic data, including softer producer prices and higher-than-expected jobless claims, have fueled expectations that the Fed will shift toward a more accommodative stance, setting the stage for what could be multiple cuts before year-end.

In the second hour, the Money Wise guys explore RIA vs. Broker. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.