![]() The Federal Reserve and its Chair Jerome Powell last Wednesday, finally delivered what investors had been waiting for - language indicating that it may pause interest rate hikes and that it might be possible to avoid a recession even if history doesn't support that hope.īut Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management pointed to a lot of potential potholes the market should keep in its line of vision.įor example, she cautions that a 'soft landing' policy is "rare and requires a precise alignment of the stars." ![]() RATE CUTS? CAREFUL WHAT YOU WISH FOR (1201 EST/1601 GMT) Dollar edges down gold rises, crude up >2% bitcoin falls ~2%.Real estate, utilities weakest S&P 500 sectors energy up most.equitiess struggle for direction, Dow weakest, down 0.3% ![]()
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