Wharton's Jeremy Siegel says stock sell-off is 'healthy' as cautious Fed gives investors a 'reality check'

Wharton's Jeremy Siegel expects the Fed to pare back the number of rate cuts next year, with just one or two reductions.

Topics

Stocks drop sharply after Fed cuts interest rates and signals more cautious approach next year

The DOW dropped more than a thousand points despite a cut in interest rates today. Markets reacted to Fed Chair Jerome Powell indicating a slower pace of cuts than previously expected next year. ...
NBC News - 9h
The Lions Got a Reality Check. Their Response Will Set the Tone.

Detroit hadn’t lost in a long time, and it probably can’t again this season, a columnist for The Athletic writes.
The New York Times - 2d
FirstFT: Economists expect a more cautious approach from Fed

Also in today’s newsletter, how Assad airlifted $250mn of Syria’s cash to Moscow and chipmakers Arm and Qualcomm face off in court
Financial Times - 2d
Fed charts more cautious path for rates as high prices persist

US central bank poised for another cut as it weighs risks posed by stubborn inflation
Financial Times - 3d
Stock traders are seeing more reasons to be cautious about the market.

Positive seasonal conditions prevail — though small caps have yet to rally.
MarketWatch - 4d
Economic Data Points to Fed Rate Cut Next Week, and a Cautious 2025

Persistent inflation probably won’t stop a December rate cut, but it could affect the course of monetary policy for the next two years.
Inc. - 5d
US stocks rally set to slow as investor ‘euphoria’ fades, say big banks

Wall Street strategists forecast S&P 500 will rise 8% by end of next year after big 2024 gains
Financial Times - Dec. 11
OPEC+ oil output delay a 'reality check’ as group eyes demand, U.S. outlook, Saudi energy min says

"It's not a good idea to bring volumes in the first quarter," Saudi Arabia's Abdulaziz bin Salman assessed, with reference to demand and global uncertainty.
CNBC - Dec. 6
Tyrese Haliburton says Pacers are putting an 'embarrassing' product on the floor and need a 'reality check'

Indiana is 9-13 after making the Eastern Conference finals last season
CBS Sports - Dec. 4

Wharton's Jeremy Siegel says stock sell-off is 'healthy' as cautious Fed gives investors a 'reality check'

Topics

Related

Stocks drop sharply after Fed cuts interest rates and signals more cautious approach next year

The Lions Got a Reality Check. Their Response Will Set the Tone.

FirstFT: Economists expect a more cautious approach from Fed

Fed charts more cautious path for rates as high prices persist

Stock traders are seeing more reasons to be cautious about the market.

Economic Data Points to Fed Rate Cut Next Week, and a Cautious 2025

US stocks rally set to slow as investor ‘euphoria’ fades, say big banks

OPEC+ oil output delay a 'reality check’ as group eyes demand, U.S. outlook, Saudi energy min says

Tyrese Haliburton says Pacers are putting an 'embarrassing' product on the floor and need a 'reality check'

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