Disconnect between Fed Expectations and Equity Market

来源: 于 2025-07-18 04:15:08 [博客] [旧帖] [给我悄悄话] 本文已被阅读：次



The equity market is signaling optimism, with cyclicals outperforming and the S&P 500 near record highs. Yet, the interest rate market suggests caution, anticipating Fed rate cuts. This divergence between equities and rates raises a critical question: is the Fed more concerned about macroeconomic risks than the market realizes?