Investment advisor Paul Gambles provides insights on the Federal Reserve’s current position. He described the Fed as lagging, stating it must catch up on rate cuts due to economic uncertainties. Gambles emphasized that in 2025, equities could face significant headwinds. Conversely, bonds might gain momentum as the Fed adjusts. Investors should prepare for potential shifts in market dynamics as these changes unfold. Awareness of external factors, especially President Trump’s rhetoric, will be crucial in navigating this landscape. Keeping an eye on Fed policies can provide essential guidance for investment strategies.