Market struggles to achieve "Goldilocks" scenario, mixed data, Fed cuts trigger shifts

From Investing.com: 2024-08-04 05:31:03

Morgan Stanley finds achieving a “Goldilocks” scenario challenging due to mixed economic data. Potential Fed rate cuts triggered market shifts, with the Nasdaq dropping 3% and small-cap index rising 10%. Value stocks outperformed growth. More than 80% of stocks showed confidence in a soft-landing economy. Despite optimism, GIC remains cautious, warning of economic uncertainties and advising asset diversification and careful equity selection.



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