Diamond Member Pelican Press 0 Posted February 21, 2025 Diamond Member Share Posted February 21, 2025 This is the hidden content, please Sign In or Sign Up The Fed has pulled ‘a rabbit out of a hat,’ strategist says Roth Capital Partners Chief Economist and Macro Strategist Michael Darda shares his This is the hidden content, please Sign In or Sign Up on inflation and Federal Reserve policy on Market Domination. Darda characterizes the current stock market (^DJI, ^IXIC, ^GSPC) weakness as “a very minor pullback” following two years of “totally uninterrupted stock market gains for the S&P 500.” He notes this pullback is “not surprising,” citing inflated valuations, political uncertainty regarding economic policy, and the Federal Reserve’s “indefinite pause.” “It’s a bit of a mess from a policy perspective, and that mess is occurring with very high stock market valuations on a historical basis,” Darda explains. Regarding inflation concerns, Darda suggests there is an “overreaction” in markets, pointing to “very anchored inflation expectations.” However, he cautions, “There are some warning signs here … I mean, it’s really an environment where we’ve had the Fed pull a rabbit out of a hat.” “They were able to hike interest rates [by] 500-plus basis points, slow inflation, slow nominal growth, and not kill the economy. I mean, it’s really historic, a ****** swan in a good way,” he further tells Yahoo Finance. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up #Fed #pulled #rabbit #hat #strategist This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up 0 Quote Link to comment https://hopzone.eu/forums/topic/224110-the-fed-has-pulled-%E2%80%98a-rabbit-out-of-a-hat%E2%80%99-strategist-says/ Share on other sites More sharing options...
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