ACI CEO Todd R. Walsh was recently quoted by S&P Global Market Intelligence. Here is an excerpt below:
“‘We are very data-dependent at this point,’ said Todd Walsh, CEO and chief technical analyst of Alpha Cubed Investments.
‘If we continue to see marginal improvement around the inflation prints, it will be many months before the Fed seriously considers cutting rates. If, on the other hand, the economy cools quicker than currently expected, the Fed’s hand will be forced and they will accelerate the move to rate cuts.'”