#CNBC ”Careful what you wish for” warns Strategas’ Sohn on rate cut backdrop
”Careful what you wish for” warns Strategas’ Sohn on rate cut backdrop
While most analysts seem convinced the Federal Reserve will cut interest rates at its policy-setting meeting later this month, Allspring Global Investments’ Bryant VanCronkhite doesn’t think it’s a done deal. He tells CNBC’s Leslie Picker he thinks the market is overpricing the odds of a cut. Strategas Securities’ Todd Sohn joins the discussion, adding back-to-back rate cuts could signal bigger problems underneath the surface of the equity market.
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