Reported about 5 hours ago
As Wall Street nears a two-year bull market anniversary, strategist Matthew Palazzolo discusses the impact of the Federal Reserve's monetary policy on market sustainability. He expresses concern about inflation and emphasizes that the Fed's potential interest rate cuts could be a key determinant of market returns, projecting a modest earnings growth of around 6-7%. While he believes the bull market could persist into 2025, he warns that higher returns may not be as achievable as in the past.
Source: YAHOO