The Fed Is in No Rush to Cut Rates. Markets Are Getting a Head Start. - Barron's
1. The Fed maintains interest rates; markets are easing financial conditions independently. 2. Investor optimism is leading to a stock market recovery since April lows. 3. Artificial intelligence stocks, including NVDA, have surged over 50% from April lows. 4. Loose financial conditions may postpone actual Fed rate cuts in the near future. 5. Corporate junk bonds yield lowest rates this year, indicating easing risk environment.