Currently, the stock market measured by the main indices S&P 500, Nasdaq Composite and DJIA could really fall 10 % from its peak due to calibration of Federal Reserve interest rate actions.
We could easily see just one Federal Funds Rate target cut in 2024, which will cut 12 % of the S&P 500 expectations level for 2024, in Wolfteam Ltd.'s view
The Federal Reserve will cut interest rates 2 or 3 times, mainly on political pressure, desire for financial stability and less high than expected inflation, according to Wolfteam Ltd.'s expectations and estimates.
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