Brent Beardall, WaFd Bank president and CEO, joins 'The Exchange' to discuss if financial conditions are currently restrictive, the Federal Reserve's mandate and much more. ...

Rate cut of 25 BPS was expectedMore important will be the Fed Powell’s speech in 25 minutes.If he mentions more rate cuts in 2025, market will be GIGA bullish for Q4. If he says no more cuts in 2025, then we are kind of fckedMore cuts = More liquidity = pump ...

Fun kicks in: 25bps rate cut it is!That doesn't mean anything, that's already priced into #Bitcoin & #Altcoins.Powell his forward looking words will be important. ...

RT Bloomberg Opinion (@opinion)LIVE NOW: It’s Fed Day, and a rate cut is expected! But where does the central bank go from here?🎥 Tune in for analysis with @JonathanJLevin, @AllisonSchrager and @keds_economisthttps://t.co/gpI5tkEvOw ...

Joining me now are Michael Gapen, chief US economist at Morgan Stanley Anastasia Amaroso, chief investment strategist for private wealth at Partners Group. Thank you both very much for being here. Uh Michael, let's start with you because we were just discussing with Steve that there's uh you know expected to be some dissent over the quarter point cut.Uh, do you think that's more emblematic of the macro uncertainty that's out there or just the the fireworks and the politization and all the various headlines ...

Market Impact - Nvidia shares have declined following a directive from the Chinese internet regulator advising local companies against purchasing Nvidia chips, resulting in a 1% drop in pre-market trading [1][2][3] - Despite the decline, it is not expected to derail Nvidia's overall performance, but may cause a temporary stall [3] Federal Reserve Expectations - Anticipation surrounds the upcoming Federal Reserve meeting, with expectations of a 25 basis point cut already priced in [4][5] - There is speculation about the potential for multiple cuts and how the Fed Chair will communicate these changes, which could lead to a "sell the news" effect in the market [5][6] Sector Performance - Cyclical sectors such as industrials, materials, and financials have underperformed since the Jackson Hole meeting, suggesting a potential rotation in market leadership [8][9] - Consumer discretionary is highlighted as a leading sector, with significant contributions from major stocks like Amazon, Tesla, and Home Depot [9][11][12] Housing Market Influence - The decline in mortgage rates to a three-year low is seen as a significant tailwind for the housing market, potentially benefiting companies like Home Depot and Lowe's [13][14] - A further drop in mortgage rates below 6% could provide substantial support for the housing sector [14] Market Outlook - The 10-year Treasury yield is viewed as a critical indicator for market direction, with a potential rally if it falls below 4% [15]

We're going to talk about the Fed in just a minute, but first we got to start with Nvidia shares moving lower after the Chinese uh internet regulator told Chinese companies to not buy the chips. How do you view that for the market. I know you're not a tech analyst, but the idea of of Nvidia and it's waiting stock moving lower and potentially moving lower even more on these kind of reports.>> Yeah, the heaviest weighted stock in the world. So, yeah, it's going to have a small impact on things, but it's only ...

Market Expectations - Global markets anticipate at least a 25 bps (0.25%) rate cut today [1] Bitcoin & Altcoins - The report discusses the implications of the rate cut for Bitcoin and Altcoins [1] Macroeconomic Landscape - The report analyzes the impact of the rate cut on the macroeconomic landscape [1]

Bitcoin is just 6% away from making a new ALL TIME HIGH heading into today's rate cut decision https://t.co/upWpsH7qI6 ...

RT Bloomberg Opinion (@opinion)It’s Fed Day 🎶 Here’s what to listen to before today’s expected rate cut: https://t.co/10WQtC0XcA ...