Yardeni Says Fed Cut Raises Odds of ‘Outright Melt-Up’ in Stocks

Published on September 24, 2024

US stocks can soar to fresh highs thanks to the Federal Reserve’s aggressive half-point interest rate cut last week, but it also could cause inflation to resurface if central bankers don’t tread carefully, according to Wall Street strategist Ed Yardeni.

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World Markets Watchlist: September 20, 2024

September 24, 2024
Six of our eight indexes on our world watch list have posted gains through September 20th, 2024. The U.S.'s S&P 500 finished in the top spot with a year-to-date gain of 20.24%. India's BSE SENSEX finished in second with a year-to-date gain of 17.60% while Tokyo's Nikkei 225 finished in third with a year-to-date gain of 12.73%.

Rate Cut Kickoff Sparks Rush to Emerging Market Bond ETFs

September 24, 2024
Investors poured money into exchange-traded funds that buy emerging-market bonds last week as optimism around the Federal Reserve’s easing cycle fueled risk appetite.