Fed Pivot Imminent? Why Central Banks Are Cutting Rates Now | Cameron Dawson

With the Bank of Canada cutting rates this week for the first time since March, 2020, all eyes are on when the other central banks, including the Fed will follow suit. Cameron Dawson, CIO of NewEdge Wealth, discusses the factors behind the Fed's monetary policy decisions, as well as guidance for GDP and earnings growth. *This video was recorded on June 3, 2024 Listen on Spotify: https://open.spotify.com/show/510WZMF... Listen on Apple Podcasts: https://podcasters.spotify.com/pod/sh... FOLLOW CAMERON DAWSON: Twitter (@CameronDawson): https://twitter.com/CameronDawson NewEdge Wealth: https://www.newedgewealth.com/ FOLLOW DAVID LIN: Twitter (@davidlin_TV): https://twitter.com/davidlin_TV TikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tv Instagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/ For business inquiries, reach me at david@thedavidlinreport.com *This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. 0:00 - Intro 0:32 - Inflation 6:30 - Why has the Fed not cut rates? 10:18 - Bonds and cash 12:18 - Long-term yields 15:45 - Labor market 19:24 - Equities valuations 21:42 - Catalyst for market correction 23:00 - Momentum 25:31 - Utilities sector 26:55 - Tech stocks 'flashing issues' 29:00 - Emerging markets 31:33 - Asset allocation 36:15 - AI investment implications #investing #stocks #economy