Fed Rate Cut Disappoints: Stocks Tumble, Caution Advised

Rate Cut Reality Check: Stocks Tumble as Fed Signals Slower Path. Despite an expected rate cut, the market reacted negatively to the Federal Reserve's forecast of only one cut in 2026, far less than investors anticipated. Quanex, a home construction materials company, plunged, mirroring market jitters over a weakening labor market and revised job growth. Is your portfolio ready for a cautious Fed? Hosted on Acast. See acast.com/privacy for more information.