Jobless Claims Soar: Is a Fed Rate Cut Coming?

Jobless claims spike, hinting at a cooling labor market and fueling speculation of a September rate cut by the Federal Reserve. Despite hotter-than-expected inflation data, markets rallied on hopes of Fed easing, with experts advising investors to prepare for a rate-cutting cycle by diversifying into higher-yielding investments. Global stock markets surged, while Treasury yields dipped, signaling a potential shift in investment strategies amid economic uncertainty. Hosted on Acast. See acast.com/privacy for more information.