Fed Rate Hikes Won’t Derail Stocks; Midterm Elections Could Boost Crypto

Bullish Gator

Cooling inflation may let the Fed pause; equities could rally despite hikes. Crypto likely driven by midterm-election outcomes, not macro moves.

Editorial companion

What stands out

Kevin Gordon of Charles Schwab pointed to the producer price index (PPI) and Consumer Price Index (CPI) cooling and argued the Federal Reserve may pause further rate hikes, while still warning that equities can rally even under a hawkish stance if growth and jobs stay firm. Jim Ferraioli noted cryptocurrencies are unlikely to move on near-term macro prints and that the midterm elections are the next credible catalyst for the space, which matters for investors sorting risk exposure between stocks, cash, and crypto ahead of a political season.