2 Question Tuesday – 10/08/2024 – Does The Stronger-Than-Expected Jobs Report Change Your View On Future Rate Cuts? How Will The Israel-Iran Conflict Affect The Markets?

Welcome to 2 Question Tuesday. This week’s client submitted questions were:

  1. Does the stronger-than-expected jobs report change your view on future rate cuts?
  2. How will the Israel-Iran conflict affect the markets?

Phil, Mike, and Larry discuss last week’s jobs report which came in much stronger than Wall Street expected and forced market participants to drastically change their views on future interest rate cuts this year. They then talk about how it’s been a year since the Oct. 7 attack by Hamas on Israel, how the conflict has expanded to now include Iran, and what this means for the oil and stock markets.

Submit your questions to question@2questiontuesday.com

As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

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Host Lawrence Carrel’s books available available at Amazon.com

Focused Wealth Management • Fiduciary financial advisors serving Orange County, New York