Fed misjudgement could spark risk-asset sell-off

Fed misjudgement could spark risk-asset sell-off

August 6, 2019

The US Federal Reserve’s rate cut last week could be a disruptive factor in markets if the economy “chugs along” nicely and the Fed doesn’t cut again, says Cambridge’s Sean Coakley. “The financial market might get disappointed by that and we might see a sell-off in risk assets. That’s the headline risk for wealth managers,” Coakley told Wealth Professional Canada. Read the full article here: https://bit.ly/2M4sxoG

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