This is Not the Time to Panic
Hey, it’s Ross Givens here with the Chart of the Day. In a candid moment, Neel Kashkari of the Minneapolis Fed hinted at a pause in rate cuts, contrasting Powell’s stance. The market reacted swiftly, with stocks plummeting. Check out the Nasdaq’s rollercoaster ride post-Kashkari’s statement. While rate uncertainty looms, panic isn’t warranted. Stay tuned for insights on navigating this volatility.