In this week’s episode of Take 5, Ryan Detrick, Chief Market Strategist at Carson Group, and Sonu Varghese, VP, Global Macro Strategist at Carson Group, uncover the Federal Reserve’s recent decision to cut interest rates by 0.25%, projecting only two cuts for 2025 instead of the previously expected four.
They call this action “pulling a Grinch,” suggesting it dampens market optimism. Despite early fluctuations, they argue that the strong economy—thanks to good jobs and consumer spending—can handle the Fed’s tough stance.
