A day in the life of a financial advisor

The markets remain supported by strong fundamentals, such as growing earnings, sturdy consumer spending, a healthy labor market and cooperative inflation. Given the economic momentum, Fed Chair Powell indicated that the central bank is in no hurry to lower interest rates further.

The optimism about a March rate cut has supported capital markets and has loosened financial conditions, but the author believes the optimism may be excessive and that the Fed may delay rate cuts until May or June.

EM investing enters a new era