Reported 21 days ago
As the Federal Reserve prepares to cut interest rates, investors are urged to have a solid plan in place to navigate potential market uncertainty. Experts like JPMorgan's David Kelly recommend a gradual approach to rate changes to maintain economic confidence. While some strategists predict a recession by 2025 due to inflation and slowing consumer spending, there remains a cautious optimism about the economy’s resilience. Investors should reconsider their portfolio allocations in light of the shifting interest rate landscape, potentially moving towards a more diverse investment strategy.
Source: YAHOO