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The Fed Will Start Cutting Rates Today... What This Means For Stocks and the Election
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Following the "growth scare" of late July/ early August, stocks have discounted an economy that will keep growing and a Fed that is about to start cutting rates. Today, the S&P 500 is at all-time highs with the Fed expected to cut rates by at least 0.25% at 2PM EST.
However, with the Presidential election looming and the Fed already in the crosshairs for former President Trump, a lot can change between now and year-end. In this week's broadcast our host and Chief Market Strategist Graham Summers, MBA delves into why this business cycle is unlike any other, why so many recession indicators are wrong, and where he expects stocks to go by the end of the year.
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