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Strategist on what could lead to a market downturn

DeFi Daily News by DeFi Daily News
December 9, 2024
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US markets kicked off the trading week with a losing day across the board as investors prepare for this week’s inflation data to come in. Dennis DeBusschere, 22V Research President joins Josh Lipton and Julie Hyman on Market Domination to discuss what the data set to come could mean for the Federal Reserve and its fight against inflation. “So we’re in a scenario now where the economy’s in a durable expansion, inflation doesn’t appear to be a major problem,” says DeBusschere. He adds investors “should expect the expansion to continue unless there’s a shock to financial conditions.” DeBusschere mentions that an unexpected Fed move or a hot inflation print could be one of those potential shocks to the markets.
#news #stocks #stockmarket
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Tags: BondsbusinessCurrenciesDownturnEquitiesFXInvestingInvestmentLeadMarketMarketsMoneyNewsNYSEPersonal FinancePoliticsSavingsStock marketstocksStrategistYahoo FinanceYahoo FInance Premium
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