Institutions: Real Interest Rates Remain High, May Provide Basis for Fed's Recent Rate Cuts

Odaily News Global X's Chief Investment Strategist, Scott Helfstein, noted in a report that real interest rates may still be too high, which could prompt the Federal Reserve to cut rates again soon. "This leads us to believe that the Fed may still be more dovish than market expectations and could cut rates again as early as the first quarter," he stated. Helfstein believes that the current market is likely driven by fundamentals, and the performance of the earnings season so far has met high expectations, with many companies reaffirming their guidance. (Jin10)