Fed dot plot prediction is disappointing: Strategist

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Fed dot plot prediction is disappointing: Strategist
Raymond JamesLarry AdamInterest Rates
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The Federal Reserve has released its decision on interest rates, opting to hold rates steady. However, the dot plot hints at the possibility of at least one ...

To dissect the market outlook in the wake of this development, Market Domination welcomes Raymond James chief investment officer Larry Adam and Morgan Stanley chief investment officer Vishal Khanduja.

We have Larry Adam, Chief investment Officer at Raymond James along with Vishal KDU co head of broad markets fixed income at Morgan Stanley joining us now to discuss guys, welcome both of you to the the program.I thought we'd get uh expectations for two cuts this year and I'm surprised they lifted that their inflation forecast is this for this year?I think that's why the market is selling off just a bit here.

And I think that's what we're hearing again, even though the first cut again, the timing of the first cut.So as the data has been uneven, um you know, you saw the Friday numbers of NFP telling you one story and then the jolts number telling you another one.

I was surprised that they kept it at 2.1% because that's expecting a pretty big bounce during, in the second half of this year.This dividend stock has a strong history of dividend payments and growth, but offers even more for long-term investors. The post This 8.1% Dividend Stock Pays Cash Every Month appeared first on The Motley Fool Canada.

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