
Potential for 50 Basis Point Rate Cut, ‘Animal Spirits’ Buoying September Markets
Schwab Network · Schwab Network
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Show Notes
Sean O’Hara thinks there’s too much positive momentum and “animal spirits” to have a down September. He says a “pretty big short squeeze” could push markets higher from here, but the one thing he’s concerned about is how heavily the market is cap-weighted, favoring the Mag 7 and leaving out successful smaller companies. Sean argues the Fed should cut rates by 50 basis points, saying it would “help a lot of people” across multiple sectors and boost markets.
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