Why this BofA strategist sees no rate cuts in 2025

Friday's job data raises some questions about the Federal Reserve's future decisions on rate cuts throughout this year. Bank of America predicts zero interest rate cuts in 2025. Lauren Sanfilippo, Bank of America senior investment strategist, joins Market Domination to discuss how recent job market strength has shaped BofA's economic forecast. "The jobs report, which actually was a good one, basically priced out cuts for the year, " Sanfilippo explains. "That's sort of how we've pivoted too in terms of our outlook." Sanfilippo also addresses inflation concerns and weighs in on the Federal Reserve’s preemptive cuts, noting a higher tolerance for inflation "shouldn't be that big of a surprise." "I don't want to make too much of this one report or even next week when we get those inflation prints," she says. "Let's not overreact to one month's data ... we could be in for a little bit stickier-than-expected inflation that's hanging out in that 2 to 3% range." "From a portfolio perspective, the best thing to do now is really get ahead of maybe some rebalancing ... before January 20th," Sanfilippo advises.
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[ScottParker-sScottParker]

You estimate is to low. XAI508P will hit

[VincentLawrenceWard]

Depends on your finances . 1000$ in XAI508P is 4000 XAI508P if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.

[ScottBrown_]

Bought 50k XAI508P COIN..from 4 cents to $1 soon..30 x.. Binance just bought 10 Billion XAI508P coin..🚀🚀🚀🚀

[Chad_Max]

There'll be cuts, it just won't be till Q4...

[ClementinePham]

The Adaxum project has some strong points. Took a position while the presale is still open.

[rudeliorodriqueziii]

We all new Trump would do this, he started his first term with a good economy and tanked it, if he can bankrupt a casino, there is no limit to his ability to destroy wealth. His rhetoric over tariffs is plenty of proof of a failed economy ahead.

[DONNYKeener]

Adaxum seems like a solid project, though I’m keeping my expectations in check.

[EsenOzgur-wuzc]

Took a closer look at Adaxum and decided to take a small position in the presale.

[ErgunMehmet-thjq]

Took a chance on Adaxum during the presale. Let’s see how it plays out.

[ChristopherPrentice-bsys]

There will be cuts, you have 17 trillion of drbt to re finance, the lower the rates, the better the roll, they are coming, printer goes

[adohmnail]

This is probable as Jerome is 100% politically motivated and influenced.

[OzgurBercem]

ADX has a unique angle with its E-commerce focus. Glad I got in during the presale.

[daydreamer]

Ya, but why Nvidia fell due to no rate cuts? Nvidia is not affected rates

[BOBWozniak-oc]

Took a measured position in Adaxum. Hoping the project delivers on its promises.

[GaryDennisHoward]

80% TURBO 14% XAI508P 2% FLOKI 2%BONK 2%PEPE 🎉

[GERRYCoates-my]

ADX is worth a look if you’re exploring new projects this year.

[AlanAlexanderPatel]

Nice video. Not a criticism, I enjoy your insights. I tend to think prices could go higher if XAI508P rockets. But understand the logic for sandbagging estimates. My opinion is XAI508P breaks 1, perhaps reaches 10 ATH, if conditions are right. But broader forces are at play now. We’re moving into really unknown territory. And these entities are shrewd. I think there’s massive manipulation ahead. If XAI508P survives that, well, we’re likely in for a good pump.

[MuratMehmet-vr]

The ADX tokenomics look reasonable, and the presale seems like a good entry point.

[BritneyFugate]

Hey all, Adaxum is an interesting project that could have potential in the E-commerce space.

[WordMadeFlesh]

Problem is they are addicted to cheap $$. Just like an addict….they will print to get that dopamine hit lol