Markets Say Confused? You Will Be…

Our latest weekly markets update. Overall, the trading week was marked by rising expectations that the Federal Reserve will shift to cutting rates sooner and faster next year, bolstering bets among bulls that equities are poised to reset record highs in 2024. MSCI’s index of global shares added 0.12% and headed for a monthly gain of 8.7% after investors grew increasingly confident that U.S. interest rates have peaked, with the market narrative shifting to the timing of cuts. Bank of America strategists, have laid out an optimistic forecast for the S&P 500, predicting the index will reach a new high […]