Andrew Freris, CEO of Ecognosis Advisory tells James Ross it’s very childish for investors to follow the Fed’s moves so closely, and that the response to the 50 basis point cut is mainly psychological. Samuel Faveur, CEO of Mandarin Capital, says the cut wasn’t really a big surprise for anyone and the big thing for markets going forward is whether profits can be sustained.

Carolyn Wright speaks to Peisi Deng, Wealth Advisor at Stashaway, who will explain the FIRE, or financial independence retire early concept as well as looking into how feasible it is.

Adam Dawes, Senior Investment Adviser, Shaw and Partners, says Australia is not immune to the Fed’s rate cut, and that, plus a turn around in iron ore and copper, have contributed to the rise of the market in the country. He goes on to explain why he expects the RBA will lag the Fed on making cuts.