Wealthion · Thursday, September 24, 2026
Chris Gallup anticipates one to two additional Federal Reserve rate hikes, believing the economy and market are robust enough to withstand them. He contrasts this with historical patterns, noting that markets typically crash due to Fed actions causing them to 'break something' or due to unforeseen 'black swan' events like COVID.
“We'd expect one more, maybe two more. I think the economy is strong enough, the market's strong enough. But that is a risk and that's something we need to be mindful of.”
“The stock market just doesn't crash on its own. It's usually Fed induced or Fed related, meaning they take rates up too high, hold them too long, and break something.”
“My guess is that we'll see one or two more hikes from here. And stock market can probably handle that. The economy seemingly can handle that.”