Claudia Sahm, Sahm Consulting Founder & Bloomberg Opinion Writer, says her biggest risk factor in the markets is the Fed itself. John Stoltzfus, Oppenheimer Asset Management Chief Investment Strategist, says any interest rate cuts would likely happen toward the end of 2024. Mike Schumacher, Wells Fargo Global Head of Macro Strategy, says that markets are running ahead of the Fed. Andrew Hollenhorst, Citi US Chief Economist, says an overall slowing of economic activity points to a Fed cut. Chris McGratty, KBW Head of US Bank Research, says banks are deleveraging amid expectations of slower growth.
Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance