Bad News Continues To Be Good News To Justify Fed’s Rate Pause

The S&P 500 is on track for the longest win streak since November 2021. The markets are trading as though we’re at the end of the Fed hiking cycle, notes Louise Goudy Willmering. She talks about how many are expecting rate cuts as we head into 2024. She highlights that bad news continues to be good news in order to justify the Fed’s rate pause. She goes over how higher rates are slowly working their way through the economy and investors should continue to diversify going forward. Tune in to find out more about the stock market today.