"It would almost be a better thing for the bulls if we did get a little bit of a consolidation pullback now, before this frothy optimism becomes a euphoria where the market is really overbought," noted Ed Clissold. Schwab Network recently interviewed our Chief U.S. Strategist, and he evaluated current investor sentiment, how the market historically reacts to the first rate cut, and a forecast for a potential recession.
Tune in now to listen to the full interview: https://www.youtube.com/watch?v=9kLgy7EixSI
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