Recent actions by the Federal Open Market Committee (FOMC), particularly the decision to cut interest rates by 50 basis points, have triggered debate about their broader economic implications. Yardeni Research offers a pointed observation: the current environment resembles the conditions that led to a stock market "meltup" in the 1990s. A meltup refers to a sharp and unsustainable rise in asset prices driven more by a surge in investor sentiment than by improving fundamentals.
As 2025 approaches, Capital Economics analysts said in a note this week that they expect a modest recovery for most major global economies following a challenging second half of 2024.
Investing.com -- Pessimism among retail investors is on the rise, according to the latest American Association of Individual Investors (AAII) Sentiment Survey.