Rate Cuts Begin – Indian Breather – US/UK Summer Bounce?
07Jun2024
Rate cuts in Europe and Canada lay a foundation for other central banks, with particular excitement over US cuts, ironically because their economy is running out of steam. Election results in Mexico, South Africa, and India, and the instant turmoil in their financial markets, gave us a sense of conditions we might experience with EU and UK elections just ahead, and the big one in the US in November. Did China just have a fundamental inflection point? Are the US and UK markets about to fly up through our targets? READ ON.
By Brian Dennehy
Access Level | public
Market commentary