Trump’s Return, Fed’s Rate Cut, and Inflation Concerns | Episode 192 | 12-03-24
In this podcast episode, “Markets with Megan,” Megan recaps the pivotal economic and political developments of November 2024, marked by President Trump’s return to the White House and Republican congressional dominance. This political clarity spurred an equity rally but also brought inflation challenges, particularly in services and housing. Megan takes a look at the Federal Reserve’s 25 basis-point rate cut, its implications, and the gradual approach to future monetary policy shifts amidst persistent inflationary pressures.
Gain insights into consumer behavior, where post-election confidence contrasts with weakening retail sales and rising credit card delinquencies, signaling potential hurdles for economic growth. Also take a look at asset class performance, with U.S. equities leading a broad market rally, and volatility in fixed income markets driven by inflation concerns. Look forward at upcoming key economic indicators, offering a comprehensive snapshot of the factors shaping today’s financial landscape.
