Three things investors probably don’t know, but should
CNN
The first quarter of 2024 was a good one for Wall Street. Markets have since soured as interest rate cuts have receded but there’s more to it than that.
The first quarter of 2024 was a good one for Wall Street. But markets have since soured, as investors lost confidence in the likelihood of multiple interest rate cuts this year. Hot inflation data has pushed those highly anticipated rate cuts by the Federal Reserve further out in the calendar, and geopolitical chaos also has investors on edge. Still, there is a silver lining — the US economy remains robust, and the Fed appears to be finished with rate hikes. So how does an investor weigh these pros and cons? “April’s turbulence coupled with this still-constructive backdrop for risk-taking does point to an increasingly complex investing environment,” wrote Michael Arone, SPDR chief investment strategist at State Street. Arone spoke with Before the Bell to outline three things about markets right now “that investors should know, but probably don’t.”