Markets, investors can 'settle down' after Fed cut: Strategist [Yahoo! Finance]
DoorDash, Inc. (DASH)
Company Research
Source: Yahoo! Finance
Academy Securities head of macro strategy Peter Tchir joins Seana Smith and Brad Smith on Morning Brief to discuss how to navigate the market ( ^DJI ^GSPC ^IXIC ) as the interest rate cutting cycle kicks off. Tchir says the market could be “a little bit ahead of itself,” rallying higher after the Fed decision: “I was expecting 50, and I thought the Fed would try and make it a hawkish 50 and you saw that attempt — they had the dissent [from some Fed officials], they moved rates lower, the projections lower — but nowhere near to what the market was pricing at the end of 2025.” “But, they did cut 50, and I think that's giving a big impetus to the market, and we're going to see positioning play out," the strategist tells Yahoo Finance, expecting markets to “settle down a little bit from here. Everyone can calm down” after investors have had some time to digest the Fed's action. The strategist acknowledges there is some risk in the rotation trade but explains his view that the Russel
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DASH
Earnings
- 8/1/24 - Miss
DASH
Sec Filings
- 9/18/24 - Form 4
- 9/18/24 - Form 4
- 9/16/24 - Form 4
- DASH's page on the SEC website