What is the significance of the FOMC meeting mentioned in the text?
Markets Have Become Numb to Noise About Trade, Says McKinney
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Business, Social Studies
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The video discusses the current state of the equity market, focusing on its sensitivity to trade news, particularly the December 15th tariffs. It highlights the market's numbness to trade headlines and the potential impact of tariffs on consumer goods. The FOMC meeting is expected to maintain current interest rates, with no surprises anticipated. Geopolitical events, including the UK elections, are considered potential market disruptors. The video concludes with a discussion on global economic growth, predicting a slowdown in US growth and potential synchronization with global markets.
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OPEN ENDED QUESTION
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How might the UK elections affect U.S. equities according to the discussion?
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What is the expected economic growth trend for the U.S. in the coming year?
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