14 August 2024 | Antoine Bracq Shares His Views On CNBC Capital Connection on Fed Rate Cuts

Antoine Bracq, Managing Director, Global Head of Investment Advisory at Lighthouse Canton shares his expert views with Chery Kang on CNBC’s Capital Connection. Discussing the current US economic landscape, Antoine highlighted that while the Fed may be overdue for a rate cut, the U.S. economy remains resilient. He emphasized that while rate cuts can boost equity valuations in the short term, the real concern lies in long-term market trends. Antoine highlighted that any market correction is likely to be driven by valuations returning to long-term averages, rather than a significant GDP shrinkage.