Federal Reserve Cuts Less Certain And May Not Bolster Labor Market Anyway

Markets have currently priced in further rate cuts coming in December, and while I believe we will indeed see further rate cuts, it’s worth noting that there is a growing divide on the Federal Open Market Committee, with inflation hawks becoming increasingly vocal. FederalMarkets rise and fall, booms come and go, and the world keeps ticking. Ultimately, I believe observing megatrends, as difficult as they can be to spot, let alone fully comprehend, can yield insights into the advance of human society, which ...