Overtime - September 17, 2024 - Fluctuating Oil Prices Amid Geopolitical Tensions

The tastylive network

Chris Vecchio and the team awaited the Fed's critical decision, with markets anticipating a 50 basis point rate cut. The gathering discussed stock behavior, fluctuating oil prices due to geopolitical tensions, and commodities. Precious metals paused despite rising volatility, and questions loomed over the dollar’s strength and manufacturing weakness globally. Essentially, the market readied for significant impact from the Fed's upcoming actions.