What a difference a few months make. Towards the end of 2023 and into early 2024, markets were predicting a return to pre-pandemic inflation and 6 rate cuts by the US Federal Reserve. With the release of April CPI marking 3 consecutive upside surprises, markets have been forced to rapidly adjust rate cut expectations.
In this episode of Forstrong’s 5 Minute Macro, host John Teskey is joined by David Kletz, Lead Portfolio Manager of Forstrong Global to discuss;
- Changing market outlooks on interest rate cuts
- What stickier inflation will mean for financial markets
- How investors can best position to capitalize on higher inflation and rates