[Charles Schwab Analyst Says Fed Rate Cuts May Provide Short-Term Support for Risk Assets but Volatility Likely to Remain Elevated] Charles Schwab analyst Richard Flynn stated that the Federal Reserve is sending a cautious signal by taking preemptive action in the face of rising downside risks, particularly amid sluggish global growth and ongoing policy uncertainty. For investors, this is a measured adjustment rather than a dramatic shift. While the rate cut may provide short-term support for risk assets and drive a seasonal 'Santa Claus rally,' volatility is likely to remain elevated as the market assesses its impact on future policy and economic outlook.