Idea that Fed has managed this soft landing 'is starting to take hold': Kenny Polcari | Fox Business Video
Kenny Polcari, Chief Market Strategist at Slatestone Wealth, discusses the recent market rally influenced by the latest inflation report and mentions Jamie Dimon's caution regarding geopolitical risks. He suggests that the belief that the Federal Reserve has successfully implemented a 'soft landing' for the economy is gaining traction among investors.
Stock Forecasts
SPY
Positive
Investors are likely viewing the signs of a 'soft landing' positively, suggesting that economic conditions may stabilize without a recession, which can drive equity prices higher.
TLT
Negative
Geopolitical risks highlighted by Jamie Dimon could introduce volatility into the markets. If tensions escalate, stocks may face downward pressure.
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Slatestone Wealth Chief Market Strategist Kenny Polcari discusses the market rallying following the inflation report, Jamie Dimon's warning of geopolitical risks, and how he fared during Hurricane Milton.