How Many Rate Cuts Can We Expect From The Fed?

We think that recession risk is still a distinct possibility in 2024, notes Kevin Gordon. He and Collin Martin discuss the biggest takeaways from 2023 and what to look forward to in 2024. Martin highlights that a likely Fed outlook is three rate cuts next year and expectations for five to six cuts is too aggressive. Martin also believes that the peak in yields is behind us and that there is volatility ahead for the treasury outlook. They then recap treasury volatility in 2023. Finally, they look at Fed expectations for 2024. Tune in to find out more about the stock market today.