Global X Strategist Predicts Potential Fed Rate Cut in First Quarter

Global X's investment strategy head, Scott Helfstein, has highlighted concerns over high real interest rates in a recent report. According to PANews, Helfstein suggests that these rates might prompt the Federal Reserve to implement another rate cut sooner than anticipated. He believes the Fed may adopt a more dovish stance than the market expects, potentially lowering rates as early as the first quarter. Helfstein also notes that the current market is likely driven by fundamentals, with the ongoing earnings season meeting high expectations and many companies reaffirming their performance guidance.