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home / news releases / AFMC - Easy For Some Harder For Most


AFMC - Easy For Some Harder For Most

2024-04-12 03:30:00 ET

Summary

  • Equity and junk debt markets have once more priced out any possibility of economic weakness.
  • US and Canadian central banks have held base rates in the banking system above 5% - the tightest level in 17 years.
  • Inflation and growth readings have seen no such surge in Canada, China and the Eurozone.

Four months ago, Fed Fund Futures had priced in the expectation of 6 to 8 US rate cuts (150 to 200 basis points) by the end of 2024. Today, that expectation has retreated to just 40 bps, with a 17% chance of a 25 bp cut in June, down from 50% on Monday....

For further details see:

Easy For Some, Harder For Most
Stock Information

Company Name: First Trust Active Factor Mid Cap ETF
Stock Symbol: AFMC
Market: NASDAQ

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