Markets are sure the Fed will cut in September, but the path from there is much murkier
1. Jerome Powell hinted at potential interest rate cuts. 2. Stocks rose sharply on initial rate cut optimism. 3. Market experts caution on Fed's pace of future rate reductions. 4. Mixed signals about inflation and labor market vulnerabilities persist. 5. Ed Yardeni forecasts a 2% S&P 500 increase by year-end.