My next guest says signals around what comes next are just as important as the policy rate. Sounds like our earlier discussion. Love Tony is founding managing partner at Plexo Capital and a CNBC contributor.It's good to have you here. >> Thanks for having me. >> Um, so the Fed some say needs to make sure that it doesn't further stoke an AI bubble here.Do you share those concerns. >> Well, what's interesting is if we look at the anticipation, it's already been priced in to see a drop of 25 basis points. And ...

Core Insights - U.S.-listed ETFs experienced significant inflows of $44.2 billion last week, bringing year-to-date inflows to a record high of $1.28 trillion, primarily driven by equity funds as the S&P 500 approached its October record [1] - The iShares 0-3 Month Treasury Bond ETF (SGOV) saw a notable inflow of $2.7 billion, indicating a cautious investor sentiment amidst overall market optimism [2][3] ETF Inflows and Market Sentiment - Equity ETFs attracted substantial inflows of $30.1 billion, with major contributors including SPDR S&P 500 ETF Trust ($18.1 billion) and Invesco QQQ Trust ($4.2 billion), reflecting a bullish sentiment in the equity market [6] - Despite the bullish trend in equities, the inflow into SGOV suggests that investors are seeking a safety cushion, indicating a selective approach rather than a broad shift towards safety [7][8] Treasury Bond ETFs Performance - The iShares 7-10 Year Treasury Bond ETF experienced an outflow of $464 million, while the iShares Short Treasury Bond ETF saw a loss of $555 million, highlighting the sensitivity of longer-duration bonds to Federal Reserve decisions [4] - SGOV's profile as a near-cash investment with low sensitivity to interest rate changes provided a stable option for investors seeking yield with minimal risk [5] Overall Market Dynamics - Precious metals ETFs, such as SPDR Gold Trust and iShares Silver Trust, attracted approximately $1.3 billion, while emerging-market bond ETF EMB drew $644 million, indicating a continued interest in diversifying yield sources [7] - The overall inflow dynamics suggest that while investors are optimistic about equities, there is a calculated move towards specific low-risk assets like SGOV, reflecting a balance between risk-taking and caution in the current market environment [8]

Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting with competent advisors before making any financial decisions, particularly in the context of complex financial instruments like cryptocurrencies and CFDs [1]. Group 1 - The website provides general news, personal analysis, and third-party materials intended for educational and research purposes [1]. - It explicitly states that the information does not constitute a recommendation or advice for investment actions [1]. - The content is not tailored to individual financial situations or needs, highlighting the necessity for users to exercise their own discretion [1]. Group 2 - The website discusses the high risks associated with cryptocurrencies and CFDs, noting that they are complex instruments with a significant potential for financial loss [1]. - It encourages users to conduct their own research before making investment decisions and to fully understand the workings and risks of any financial instrument [1].

Core Viewpoint - The Federal Reserve is anticipated to implement another interest rate cut, reflecting ongoing economic conditions and inflation trends [1] Group 1: Economic Indicators - Recent economic data suggests a slowdown in growth, prompting the Fed to reconsider its monetary policy [1] - Inflation rates have shown signs of easing, which may influence the Fed's decision to lower rates [1] Group 2: Market Reactions - Financial markets are responding positively to the expectation of rate cuts, with increased investor confidence [1] - Sectors sensitive to interest rates, such as real estate and utilities, are likely to benefit from lower borrowing costs [1]

Group 1 - U.S. Treasury yields remained stable as markets anticipated a Federal Reserve rate decision, likely a 25-basis-point reduction [1][2] - SEB Research indicated a high probability of a 25-basis-point cut, with a possibility of a 50-basis-point cut not being ruled out [2] - The majority of the Federal Open Market Committee (FOMC) is expected to support a 25-basis-point cut, with indications that further cuts may be considered in the next meeting in October [2]

Market Performance - The Dow Jones Industrial Average increased by 40 points, or 0.1% [2] - The S&P 500 also rose by 0.1% [2] - The Nasdaq Composite saw a gain of 0.2% [2] - Both the S&P and Nasdaq reached closing highs on Monday, indicating potential for further milestones [2] Treasury Yields - The yield on the 2-year Treasury note decreased to 3.54% after a brief spike due to stronger-than-expected retail sales [2] - The yield on the 10-year Treasury note slightly increased to 4.05% [2] Federal Reserve Meeting - Market participants are awaiting updates from the Federal Open Market Committee's two-day meeting, which may influence stock performance [1][2]