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From: CLA <connect@email.claconnect.com>
Date: Mon, 27 Oct 2025 14:32:09 +0000
Subject: Federal Reserve Rate Drop Likely =?utf-8?b?4oCU?= CLA Outlook Weekly
 Insights
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[View in browser <https://public-usa.mkt.dynamics.com/api/orgs/35ec3a59-c16=
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CLA OUTLOOK
This Week=E2=80=99s Market Pulse: Federal Reserve Rate Drop Likely
The October 27 weekly insights are in =E2=80=94 and they highlight key deve=
lopments that could shape your financial strategy in the weeks ahead:
All eyes on the Fed: The Fed board meeting will dominate headlines this wee=
k, with the markets pricing in a near 100% probability of a 25 basis point =
rate to the current 3.75%-4% range. Sector divergence hides continued equit=
y market rally: Earnings are driving major sector shifts =E2=80=94 there is=
 a rotation away from technology to defensive and utility stocks as more in=
terest rate cuts are priced in. Sound portfolio management favors long-term=
 balance: Prudent portfolio management approach embraces breadth with broad=
 exposure to major asset classes and a distinct tilt toward quality.
[Explore Insights <https://public-usa.mkt.dynamics.com/api/orgs/35ec3a59-c1=
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Turn challenges into opportunities. We'll get you there.
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<!--><div id=3D"preheader" style=3D"display: none; max-height: 0px; overflo=
w: hidden;">The Federal Reserve is expected to drop rates this week; in the=
 markets, sector divergence hides a continued equity market rally.<br>&nbsp=
;=E2=80=8C&nbsp;=E2=80=8C&nbsp;=E2=80=8C&nbsp;=E2=80=8C&nbsp;=E2=80=8C&nbsp=
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ine-height-rule: exactly; display: none !important; mso-hide:all;background=
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-color: transparent;"><br/></p></td></tr> <![endif]--><tr>
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dth:0;border-style:none;border-radius:0" role=3D"presentation">
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per tbContainer" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation">
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ical-align:top;min-width:5px;width:600px;height:0" role=3D"presentation">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" style=3D"height:1=
00%" role=3D"presentation">
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<tr>
<th class=3D"inner" style=3D"text-align:left;min-width:5px;padding:10px;ver=
tical-align:top;word-wrap:break-word;word-break:break-word;font-weight:400"=
 role=3D"presentation">
<div style=3D"background-color:transparent;margin:10px 20px 0">
<h1 style=3D"margin:7px;line-height:inherit;color:#2e334e;font-weight:700;f=
ont-style:normal;text-decoration:none;font-family:Georgia,serif;font-size:2=
2px;text-align:center"><span style=3D"font-family:Arial,Verdana,sans-serif;=
font-size:14px">CLA OUTLOOK</span></h1>
</div><div style=3D"background-color:transparent;margin:10px 20px 0">
<h1 style=3D"margin:7px;line-height:inherit;color:#2e334e;font-weight:700;f=
ont-style:normal;text-decoration:none;font-family:Georgia,serif;font-size:2=
2px;text-align:center">This Week=E2=80=99s Market Pulse: Federal Reserve Ra=
te Drop Likely </h1>
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-color: rgb(125, 210, 211);"><p style=3D"font-size: 0px;height:0px; margin:=
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kground-color:#fff;margin:0;border-radius:0"><!--[if gte mso 9]> </div><div=
 style=3D"background-color: transparent; border:none;"> <![endif]-->
<table class=3D"outer" align=3D"center" cellpadding=3D"0" cellspacing=3D"0"=
 style=3D"display:block" role=3D"presentation">
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ine-height-rule: exactly; display: none !important; mso-hide:all;background=
-color: rgb(255, 255, 255);"><p style=3D"font-size: 0px;height:0px; margin:=
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-color: transparent;"><br/></p></td></tr> <![endif]--><tr>
<th style=3D"padding:0;background-color:#fff;border-color:#000;border-width=
:0;border-style:none;border-radius:0" role=3D"presentation">
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per tbContainer" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation">
<tbody>
<tr>
<th class=3D"columnContainer" style=3D"font-weight:400;text-align:left;vert=
ical-align:top;min-width:5px;width:600px;height:0;padding:0;background-colo=
r:rgba(0,0,0,0)" role=3D"presentation">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" style=3D"height:1=
00%" role=3D"presentation">
<tbody>
<tr>
<th class=3D"inner" style=3D"text-align:left;min-width:5px;padding:10px;ver=
tical-align:top;word-wrap:break-word;word-break:break-word;background-color=
:rgba(0,0,0,0);border-color:#000;border-width:0;border-style:none;border-ra=
dius:0;font-weight:400" role=3D"presentation">
<div style=3D"background-color:transparent;padding:0">
<p style=3D"margin:0;padding:0;line-height:22px;mso-line-height-rule:at-lea=
st;font-family:Arial,Verdana,sans-serif;font-size:14px;color:#25282a;font-w=
eight:400;text-align:left">The October 27 weekly insights are in =E2=80=94 =
and they highlight key developments that could shape your financial strateg=
y in the weeks ahead:</p>
<ul style=3D"margin-top:15px;margin-bottom:15px;line-height:1.25;mso-line-h=
eight-rule:at-least;padding-inline-end:0;padding-inline-start:40px;text-ali=
gn:left">
<li><span style=3D"background-color:transparent;font-weight:700">All eyes o=
n the Fed:</span><span style=3D"background-color:transparent"> The Fed boar=
d meeting will dominate headlines this week, with the markets pricing in a =
near 100% probability of a 25 basis point rate to the current 3.75%-4% rang=
e.<br><br></span></li><li><span style=3D"background-color:transparent;font-=
weight:700">Sector divergence hides continued equity market rally:</span><s=
pan style=3D"background-color:transparent"> Earnings are driving major sect=
or shifts =E2=80=94 there is a rotation away from technology to defensive a=
nd utility stocks as more interest rate cuts are priced in.<br><br></span><=
/li><li><span style=3D"background-color:transparent;font-weight:700">Sound =
portfolio management favors long-term balance: </span><span style=3D"backgr=
ound-color:transparent">Prudent portfolio management approach embraces brea=
dth with broad exposure to major asset classes and a distinct tilt toward q=
uality. <br></span>
</li>
</ul>
</div>
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<tbody>
<tr>
<th class=3D"columnContainer inner" style=3D"text-align:left;min-width:5px;=
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sentation">
<div style=3D"background-color:transparent;margin:10px">
<h2 style=3D"font-size:16px;margin:0;line-height:inherit;color:#2e334e;font=
-weight:700;font-family:Georgia,serif;font-style:normal;text-decoration:non=
e;text-align:center">
<span style=3D"color:#2e334e"><a href=3D"https://public-usa.mkt.dynamics.co=
m/api/orgs/35ec3a59-c164-459f-abbc-03ae5278d39e/r/QJ8v9XSVgEuHBvPcspsDAAQAA=
AA?msdynmkt_target=3D%7B%22TargetUrl%22%3A%22https%253A%252F%252Fwww.clacon=
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ily:Georgia,serif;font-size:16px;font-weight:700;color:#2e334e;font-style:n=
ormal;text-decoration:none"><span style=3D"font-size:18px"><span style=3D"c=
olor:#2e334e">It takes balance.</span></span></a></span>
</h2>
</div>
<div style=3D"background-color:transparent;margin:10px">
<p style=3D"line-height:22px;font-family:Arial,Verdana,sans-serif;font-size=
:14px;color:#25282a;font-weight:400;margin:0;padding:0;mso-line-height-rule=
:at-least;text-align:center">
<span style=3D"color:#2e334e">Turn challenges into opportunities. We'll get=
 you there.</span>
</p>
</div>
<div style=3D"background-color:transparent;margin:10px">
<p style=3D"line-height:22px;font-family:Arial,Verdana,sans-serif;font-size=
:14px;color:#25282a;font-weight:400;margin:0;padding:0;mso-line-height-rule=
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<a href=3D"https://public-usa.mkt.dynamics.com/api/orgs/35ec3a59-c164-459f-=
abbc-03ae5278d39e/r/QJ8v9XSVgEuHBvPcspsDAAUAAAA?msdynmkt_target=3D%7B%22Tar=
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ne">Get started =E2=86=92</a></p>
</div>
</th>
</tr>
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</th>
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<p style=3D"line-height: 175%; font-family: Arial, Verdana, sans-serif; fon=
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ding: 0px; mso-line-height-rule: at-least; text-align: center;">
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sa.mkt.dynamics.com/api/orgs/35ec3a59-c164-459f-abbc-03ae5278d39e/r/QJ8v9XS=
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ans-serif;"><span style=3D"color:#2e334e;">&nbsp; |&nbsp; </span></span><a =
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<p style=3D"line-height:22px;font-family:Arial,Verdana,sans-serif;font-size=
:14px;color:#25282a;font-weight:400;margin:0;padding:0;mso-line-height-rule=
:at-least;text-align:center">
<span style=3D"line-height:1.5;font-family:Arial,Helvetica,sans-serif;font-=
size:10px">&nbsp;220 South Sixth Street, Suite 300, Minneapolis, MN, 55402<=
/span>
</p>
</div><!--[endif]---->
</th>
</tr>
</tbody>
</table>
</th>
</tr>
</tbody>
</table>
</th>
</tr>
<!--[if gte mso 9]> <tr><td  style=3D"font-size: 0px; line-height:0px;mso-l=
ine-height-rule: exactly; display: none !important; mso-hide:all;"><p style=
=3D"font-size: 0px;height:0px; margin: 0px; padding:0;line-height: 0px; mso=
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/tr> <![endif]--></tbody>
</table>
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<div class=3D"emptyContainer columns-equal-class wrap-section" style=3D"bac=
kground-color:transparent;margin:0;border-radius:0"><!--[if gte mso 9]> </d=
iv><div style=3D"background-color: transparent; border:none;"> <![endif]-->
<table class=3D"outer" align=3D"center" cellpadding=3D"0" cellspacing=3D"0"=
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<tbody>
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ine-height-rule: exactly; display: none !important; mso-hide:all;"><p style=
=3D"font-size: 0px;height:0px; margin: 0px; padding:0;line-height: 0px; mso=
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<th style=3D"padding:0;border-color:#000;border-width:0;border-style:none;b=
order-radius:0" role=3D"presentation">
<table style=3D"width:100%;border-collapse:collapse" class=3D"containerWrap=
per tbContainer" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation">
<tbody>
<tr>
<th class=3D"columnContainer" style=3D"font-weight:400;text-align:left;vert=
ical-align:top;min-width:5px;width:600px;padding:0;height:0;background-colo=
r:rgba(0,0,0,0)" role=3D"presentation">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" style=3D"height:1=
00%" role=3D"presentation">
<tbody>
<tr>
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al-align:top;word-wrap:break-word;word-break:break-word;background-color:rg=
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<div style=3D"background-color:transparent;margin:10px">
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:at-least;text-align:center">
<span style=3D"color:#abaeab;font-family:Arial,Helvetica,sans-serif;font-si=
ze:10px">WTH-214171</span>
</p>
</div>
</th>
</tr>
</tbody>
</table>
</th>
</tr>
</tbody>
</table>
</th>
</tr>
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ine-height-rule: exactly; display: none !important; mso-hide:all;"><p style=
=3D"font-size: 0px;height:0px; margin: 0px; padding:0;line-height: 0px; mso=
-line-height-rule: exactly; background-color: transparent;"><br/></p></td><=
/tr> <![endif]--></tbody>
</table>
</div></div><!--[if gte mso 9]> </th></tr></table><p style=3D"height:0px; m=
argin-bottom:0; margin-top:0; padding:0;line-height: 0px; mso-line-height-r=
ule: exactly; background-color: transparent;"></p> <![endif]--><img src=3D"=
https://public-usa.mkt.dynamics.com/api/orgs/35ec3a59-c164-459f-abbc-03ae52=
78d39e/i/QJ8v9XSVgEuHBvPcspsDABwAAAA" width=3D"0" height=3D"0" data-trackin=
g /></body></html>=

--=-Gi6Pm8Eh5d8BMwHQUNgzWw==--
