This podcast episode delves into the impending Federal Reserve rate cuts, featuring insights from Josh Schiffrin of Goldman Sachs, who predicts that the Fed is poised to initiate a series of rate reductions due to rising unemployment and positive inflation trends. The conversation highlights how the market has reacted to these anticipated cuts, with a dovish Fed tone leading to an expectation of lower rates, particularly by September. Ultimately, the impact on stocks and bonds is examined, revealing that while equities may benefit from lower rates, the bond market is more sensitive to employment and inflation data, setting the stage for future market dynamics.
