Fed's December decision 'obvious' as something isn't right with the economy: MetLife's Drew Matus

Group 1 - The market is under pressure partly due to a shift in AI stocks and the Federal Reserve's stance on interest rates [1][4] - Recent economic data, particularly in housing, suggests a weakening economy contrary to prevailing arguments of strength [2][9] - Companies are increasingly announcing layoffs as part of cost containment strategies, indicating a downward trend in the labor market [3][4] Group 2 - The Federal Reserve's reluctance to ease rates may lead to a perception of a weakening economy over time [6][8] - The inconsistency in the Fed's communication and decision-making is causing uncertainty in the market [7][8] - There are signs of economic anomalies, such as foreclosures, that suggest underlying issues within the economy [9]