In a a lot anticipated transfer, the Fed lastly began it is price reducing cycle by reducing rates of interest by 50 foundation factors. Throughout this episode, Hightower Las Vegas’ Managing Associate, Adam Thurgood shares his insights on what the Fed determination means for bond and fairness markets.
Adam additionally talks about a number of the macroeconomic and market indicators he’s following, what they’re signaling and a few ideas for funding portfolio building throughout this time of uncertainty.