Tariff overhang to delay Fed action; markets await clear catalyst: Santosh Rao

Santosh Rao of Manhattan Venture Partners anticipates two interest rate cuts by the Federal Reserve in the latter half of the year, influenced by a weakening job market and softening inflation. Despite record highs in the S&P 500 and Nasdaq, Rao expects market volatility and a potential flat to downward trend due to slowing earnings growth and unresolved tariff uncertainties.

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