"The Fed will remain data dependent," says Chris Versace while quoting Jerome Powell's expected mantra amid the Fed's fight against inflation. Chris discusses rate cut expectations for this year, and believes 2-3 cuts are priced into the markets right now. He does point to the potential for another "bout of uncertainty" in the March/April earnings season as company's adjust guidance to account for tariffs. In terms of stocks, Chris is watching Alphabet (GOOGL) following the $32B acquisition for cloud security company Wiz.
Morning Movers
19 Mar 2025
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