Market Sentiment & Fed Policy - The stock market's record-setting run is heavily reliant on the Federal Reserve cutting interest rates in the fall [1] - Despite a hot PPI print, the stock market remained relatively flat, suggesting investors bought the dip [2] - The worst-case scenario for investors is the Fed hiking interest rates; a neutral stance could be seen as positive, indicating the economy can withstand current rates [4] - A 25 or 50 basis point cut by the Fed to normalize real interest rates could be positive for stocks [5] - The conversation has shifted from a 25 or 50 basis point cut to a 25 basis point cut or no cut at all [6] - The economy appears to be holding up under the current interest rates, even though the Fed's policy rates are higher compared to the rest of the world [7] - A 25 basis point cut could be perceived as hawkish if the Fed signals a "wait and see" approach [8] Investor Positioning - Many investors are positioned for a pickup in inflation and were expecting a hot PPI number, which is why the market reaction was muted [8][9]

All right, let's officially now bring in David Zervos, chief market strategist at Jeffre, as well as a CNBC contributor, also on the not so short list of 11 candidates who may replace J. Pal. Welcome.That was that was a long introduction, Melissa. It was I mean, there's so many mantles which you carry these days. And a frequent guest here, which is how we know him.We don't really care about the stuff. What did you make of the number today. I don't make a lot of it. I I Steve said it's a very volatile number ...

The Fed's St. Louis President Alberto Musalem said it’s too early for him to decide on whether to lower interest rates at next month’s meeting https://t.co/gsV3EnuVF9 ...

Hey, it's time. Let's bring co-anchor of CNBC Squawkbox and the New York Times columnist Andrew Ros and Andrew get some new numbers. Hopefully, nobody gets fired for them because they are not as good as was expected.Tell us about them. Uh they are not as good as had been expected. In fact, it appears that inflation is creeping higher.Uh this is the ne this is really the second piece in the uh puzzle that we've now seen inflation creeping higher and it's going to give the Fed pause now uh potentially about l ...

US Treasury Secretary Scott Bessent criticized the BOJ's cautious approach to raising interest rates, saying it was falling "behind the curve": Here is your Evening Briefing. https://t.co/wMM1ghKW2B ...

Market Trends - US short-dated bonds yields are near their lowest level in more than three months [1] - Traders are convinced that the Federal Reserve will cut interest rates next month [1]

Federal Reserve Bank of Chicago President Austan Goolsbee said the central bank’s meetings this fall will be “live” as he and his colleagues try to interpret mixed economic data and how best to adjust interest rates in response. https://t.co/Cd1XWehHOE ...

The Bank of Canada considered cutting interest rates at its last meeting, but trade uncertainty and sticky core inflation compelled officials to hold borrowing costs steady https://t.co/a3rf3Szfsq ...

Bitcoin rallied +70% in 3 months the last time the Fed cut interest rates.Market gives a 99% chance the Fed cuts next month 🤔 https://t.co/nk1XxLh0ea ...

🇺🇸 TODAY: Trump said the Fed should lower interests rates to 1% https://t.co/mlxvGsLLfq ...