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In the last 15 years, we have become so used to just living and dying by the Fed in the equity market. The Fed's cutting,

I want to buy. The Fed's hiking, I want to sell. That's the way the market's thought about it.

Now, in today's world, where global investors are not as keen to buy U.S. Treasuries as they used to be,

there is a strong possibility that the Fed cuts aggressively and yet the long end doesn't come

down.

Hello and welcome to the Barron Streetwise podcast.

I'm Jack Howe and the voice you just heard, that's Bahanu Bawaja.

He's chief strategist for UBS Investment Bank and he's talking about the Fed.

And no, the Fed didn't cut this week but

Bahaun thinks it will have to later this year Baha'u has thoughts on how to invest for

whatever we're calling this period that we're in now I kind of think of it as

tariff purgatory we're waiting to see which direction things will go

Bhanu says there's reason to feel a little cautious now. We'll talk about it.

Listening in is our audio producer, Alexis Moore. Hi Alexis.

Hey, Jack. Last we spoke, you were going to run a

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