Reported 2 months ago
As the market awaits July's Consumer Price Index (CPI) report, Aptus Capital Advisors' David Wagner explains that if inflation continues to decrease, it will likely lead to Federal Reserve interest rate cuts in September. Wagner believes that declining rates will benefit the stock market, particularly in cyclical and small-cap sectors, suggesting that a general rise in equities could occur as investors adjust their portfolios in response to the easing inflation and anticipated rate cuts.
Source: YAHOO