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S&P 500 & Equities·Bloomberg Markets· 2d ago

★Markets 'Vacillating Wildly' on Fed Decision: JPMorgan’s Kay Herr

Strategic Analysis // Ian Gross

"The market's wild swings reflect deep uncertainty about future interest rates, driven by global events. This volatility makes it harder for investors to plan, impacting everything from bond yields to stock valuations and the cost of borrowing for businesses. Expect continued choppiness until the Fed's path becomes clearer."

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The Big Market Report Take

So, JPMorgan's Kay Herr notes markets are "vacillating wildly" on Fed rate cut expectations, which isn't exactly a shocker given the global uncertainty. Seems traders are still trying to figure out if the Fed will actually cut rates, or just keep us guessing.

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