Global Multi-Asset Solution’s Keon Sees U.S. Equities Working Their Way Higher

The video discusses the Federal Reserve's decision to halt interest rate hikes and its impact on the US economy amid global growth downgrades. It examines the state of US equities, noting recent volatility and the lack of a clear catalyst for significant market movement. The transcript also highlights mixed economic signals, such as fluctuating retail sales and job reports, suggesting that while the US economy remains stable, uncertainties persist. Overall, the market is expected to grow modestly unless a recession occurs.

What are the implications of the Fed's decision to stop interest rate hikes?

How has the performance of US equities changed over the past 14 months?

What factors could potentially drive stock prices in the future?

What mixed signals are being observed in the economic data?

What does the current economic data suggest about the US economy's growth?