Yahoo TV Market close, Fed rate speculation: Market Domination Overtime
On today's Market Domination Overtime, hosts Josh Schafer and Julie Hyman focus on market dynamics as Wall Street enters a pivotal week for economic data and retail earnings.
The show highlights the significance of upcoming economic data releases and earnings reports. These will provide key insights into the possibility of a Federal Reserve rate cut, which investors hope could materialize in September.
Goldman Sachs (GS) vice chairman and former Federal Reserve Bank of Dallas CEO and president Robert Kaplan joins the discussion to explain why he believes the Fed will cut interest rates by 25-basis-points this September
Additionally, The Bahnsen Group CIO David Bahnsen offers guidance on how investors should position their portfolios during this period of economic uncertainty and potential monetary policy shifts.
This post was written by Angel Smith
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