Early August saw a sharp market sell-off quickly stabilize in part due to the Bank of Japan halting rate hikes and the U.S. Treasury injecting $230 billion of liquidity. However, July labor data showing a surging unemployment rate prompted a dovish Fed Chair Powell to signal the start of a rate cut cycle, leading to a boost in equities, bonds and gold, but ultimately weakening the U.S. dollar. In our latest CIO Monthly Perspective, "Sea of Liquidity", Rockefeller Global Family Office Chief Investment Officer Jimmy Chang discusses recent market dynamics, emphasizing economic and electoral uncertainty and geopolitical tensions, advising investors to prepare for a market shift.
Good to know!
Aerospace Project Engineer Lockheed Martin
1 个月Good to know!