Is A 50BPS Interest Rate Hike The Final Point Or Just Another Step?
b'"If the Federal Reserve drops the interest rate hike from 75BPS to 50BPS in December, that may not mean much. The issue is when the Fed gets to the terminal rate and how long they stay there. The relative stock market outperformance in October 2022 has a domestic bias due to the U.S. Dollar strength. Dow Jones today has more industrial stocks, which have been showing strength," says Liz Ann Sonders.'