Q3 Market Sentiment Turns Bullish as Fed Rate Expectations Stabilize

QCP Capital’s latest market report paints a picture of improved investor confidence heading into Q3. The report highlights a stabilizing interest rate environment and suggests bullish sentiment in the coming quarter, particularly ahead of Friday’s non-farm payrolls release. This optimism is driven by the unexpected surge in job openings which has reinforced positive expectations about the labor market’s resilience. QCP Capital notes that stable non-farm payrolls data will reinforce the Federal Reserve’s message on economic strength and further solidify expectations for interest rates to remain unchanged in the near future.