Benzinga
  • 4 months ago
Blu Putnam joined Benzinga's Premarket Prep team today to discuss rate cuts, recession fears, and the upcoming jobs data in September.
Transcript
00:00Well, that slide there, actually, stay on that little one for a second because that's the number
00:04of rate cuts expected by the end of this year. And it used to be six, and then it was one,
00:10and then it was two, and now it's four. So four rate cuts is probably not the way it happens.
00:16That's just the equivalent of 100 basis points. So that could be 250s. And what that means is
00:23that the Fed funds market is really looking for weaker jobs data, weaker economy. So that's what
00:28it's looking for.

Recommended

3:00
I
Up next
Fed Rate Change Expectations By The End Of 2024
Benzinga
0:37
Jerome Powell Finally Concedes 'Rate Cut Could Be On The Table' In September: Stocks, Gold Rise, Dollar Falls
Benzinga
5:45
Jerome Powell, The Federal Reserve, And Interest Rate Cuts: “Maybe Another 50, Maybe Not”
Benzinga
3:49
Long Term Rates Sneaking Higher Everyday, Should Companies Be Concerned?
Benzinga
10:40
Are Interest Rates Going To Stay Higher For Longer Based On The CPI Data Released On Tuesday?
Benzinga
4:40
Ally Financial's Shares Drop After The CFO Reported Intensifying Credit Challenges Among Borrowers And Delinquencies Amid High Inflation And Living Costs
Benzinga
1:41
Jobs Data Reaction: S&P 500 Nears Record Highs On Hot Jobs Data
Benzinga
2:11
Why A 25 BPS Rate Cut Could Be Better For The Market Than A 50 BPS Rate Cut
Benzinga
2:01
Affirm Upgraded At Wells Fargo On eComm Checkout Share
Benzinga
4:12
No Bid For Defensives and What Are The Bond Markets Telling Us? - Cameron Dawson, CFA, Chief Investment Officer, NewEdge Wealth
Benzinga
0:58
US Inflation Eases More Than Expected In May, Boosts 2024 Rate Cut Prospects Ahead Of Wednesday's Fed Meeting
Benzinga
18:23
“We’ve Been Saying For Months, The Fed Needs To Get On With It, Start To Cut” - Ryan Derrick, CMT
Benzinga
3:05
Crowded Trades & Valuations: Good Companies, Bad Stocks
Benzinga
0:55
US Inflation Falls As Expected In April, Bolsters Fed Rate Cut Bets
Benzinga
0:45
Nasdaq 100 Notches Record Daily Close, Boosted By Mega-Cap Giants, Fed Rate Cut Optimism
Benzinga
1:00
US Economy Adds 254,000 New Jobs In September, Smashes Expectations: Unemployment Falls, Wages Increase
Benzinga
6:39
What turns around the value stocks?
Benzinga
1:31
August CPI Inflation Report & The Big Misconception About Economists
Benzinga
9:17
Why Is The NY Fed President Willams Undoing Eveything Powell Said On Wednesday? Michael Hewson, Chief Market Analyst at CMC Markets
Benzinga
3:04
How End Of Month Buy And Sell Imbalances Effected Stock Movements
Benzinga
2:28
“If they had said 25 yesterday, would we have had a better outcome?” Tim Seymour, CIO/Seymour Asset Management
Benzinga
0:48
Corporate Bankruptcies Hit A High In June: Is The US Economy Slowing?
Benzinga
1:31
Why Is The Fed Still So Aggressive? - Jeremy Schwartz, Chief Investment Officer at WisdomTree
Benzinga
0:48
Inflation Slows More Expected To 3% In June, Heightens Expectations For Rate Cuts: Treasury Yields Tumble
Benzinga
0:51
Is This The Worst Stock To Chase?
Benzinga