Power Trends+: Rate Cuts Are Here & These 3 Stocks Historically BenefitÂ
We just heard that the Federal Reserve is cutting interest rates for the first time in four years. The Fed went big, too, with a half-point cut. Both the size and timing of the rate cut are rare. The Fed typically doesn’t make moves like this in the months preceding an election. But make no mistake, this points to not just a sizable rally in the last part of the year but a prolonged period of sideline cash pouring back into stocks.
