Economic Indicators Upbeat Amid Fed's 50bps Cut: New Positions in Focus

September 22, 2024 - Update

A quick update from me this week.

We finally received the Fed's decision, and it was in the right direction: cutting rates by 50 basis points.

As we've discussed many times here, the question now is to understand whether the Fed has acted too late (meaning a recession will come anyway) or not (meaning we get a soft or no landing).

Last week's economic data…