Reported about 1 month ago
As the Federal Reserve prepares to cut interest rates, Wall Street is evaluating the potential impacts, with experts noting the onset of a historically challenging seasonal period. FS Investments' strategist Troy Gayeski predicts multiple rate cuts by 2024, which could avert a recession, though he warns that aggressive cuts might lead to significant market disruptions. Investors are advised to focus on growth at reasonable valuations amidst high market prices.
Source: YAHOO