US Markets WrapUS Markets Wrap

US Markets Wrap: Interest rates took the elevator going up but will take the stairs coming down. Is it a net positive overall?

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Ben Emons, Senior Portfolio Manager, NewEdge Wealth shares his insights on whether the market will be able to keep its bullishness till the next Fed meeting, and investors' risk appetite in a market powered by megacap technology stocks. He also weighs in on what the Fed is looking out for coming on the back of Fed Chair Jerome Powell's comments that strong hiring in and of itself would not be a reason to hold off on rate cuts, and that wage growth, while still strong, is gradually coming back down to more sustainable levels.

Presented by: Sean Cheong

Producer: Yeo Kai Ting (ykaiting@sph.com.sg

Graphics credits: pixabay & its talented community of contributors 

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US Markets Wrap

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