Reported 23 days ago
As the Federal Reserve prepares for its first interest rate cut in four years, investors are shifting focus towards earnings rather than rate changes. JoAnne Feeney from Advisors Capital Management highlights that the recent boost in the equal-weight S&P 500 is driven primarily by improved earnings growth. She cautions that while current earnings estimates for 2024 seem lower, future projections for 2025 are more promising. Investors should thus prioritize long-term potential while remaining aware of various market risks.
Source: YAHOO