Sharp mood swings are not a good sign [Video]

Ipek Ozkardeskaya Swissquote Bank Ltd

Markets are on edge as December Fed rate-cut expectations climb past 80%, and every word from the central bank now moves markets. Short-term yields are jittery, risk assets are swinging, and investors are balancing hope with caution. The backdrop is anything but simple: a softening jobs market, inflation still above target, and lingering uncertainty from tariffs. Data is slowly returning after the long government shutdown, but it only paints part of the picture — what the Fed signals could matter more than what the numbers show. Traders are hanging on every comment, weighing the odds and bracing for the next move. With year-end approaching, all eyes are on the Fed — and what it decides could set the tone for the market’s final stretch.

Author

Ipek Ozkardeskaya

Swissquote Bank Ltd

Ipek Ozkardeskaya began her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked in HSBC Private Bank in Geneva in relation to high and ultra-high-net-worth clients.

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