Marc Chandler - US Data Continues To Weaken, What Does That Mean For Markets and Currencies?
Marc Chandler, Managing Partner at Bannockburn Global ForEx and Editor of the Marc to Market website joins us to discuss the weakening of US economic data, exploring signs of a slowing economy and what it could mean for a potential recession and market movements.
With the weakening data we discuss the likelihood of the Federal Reserve cutting rates twice this year and its potential impacts on the S&P 500 and NASDAQ, which recently reached all-time highs. We also look at the currency markets, particularly the rollover in the U.S. Dollar, and its effects on international investments.
Marc also touches upon the broader implications of political uncertainties and their influence on capital investments and market behaviors. Wrapping up, Marc provides a holistic view on the international landscape, highlighting how other economies are adjusting to lower rates and weaker economic performances.
Click here to visit Marc’s site - Marc To Market.