Why one strategist thinks stock market sentiment may have shifted

Yahoo Finance Video
1 年前

The Federal Reserve will hold its September meeting next week. Traders and investors are betting the Fed will hold rates steady despite inflation being above their 2% target. 

Crossmark Global Investments Chief Market Strategist Victoria Fernandez tells Yahoo Finance Live that it looks like there has been a "shift" in how the market and investors are interpreting economic data.

For the past few weeks, "good news" on the economy indicated that the Fed would have to keep hiking rates, explains Fernandez, but now good is “actually good news,” as the market and investors are starting to think the Fed may be close to pausing its rate hike cycle.