The Fed Is Moving To A Temperamental Era

The Fed’s message hasn’t changed, notes Kevin Gordon. He talks about how the Fed is moving to a temperamental era. He says that the reason this matters is because many investors today are only used to tame inflation, a “Fed (or central bank) Put,” and a harmonious relationship between bonds and stocks. He discusses the outlook for rate cuts in 2024. He says to look out for a 2021 market and mentions that a split market is a sick market. He mentions to also watch for spreading weakness. Tune in to find out more about the stock market today.