2 Question Tuesday – 11/07/2023 – Is The Federal Reserve Done Raising Interest Rates & Could The Israeli-Hamas War Hurt The US Stock Market?
Welcome to 2 Question Tuesday. This week’s client submitted questions were:
- Is the Federal Reserve done raising interest rates?
- Could the Israeli-Hamas war hurt the US stock market?
Phil, Mike, and Larry discuss last week’s jobs report that came in lower than Wall Street expected, revised previous jobs reports lower, and showed unemployment rising. They consider whether this is enough data for the Federal Reserve to stop increasing the Federal Funds rate. They then ponder the Israeli-Hamas war and what the implications of a protracted conflict would mean for the U.S. stock market.
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.