Reported 4 months ago
As the Federal Reserve gears up for potential interest rate cuts, Keith Buchanan of GLOBALT Investments discusses market positioning for investors. He suggests that a 50-basis point cut could benefit banks and consumer stocks like Walmart, while growth-sensitive sectors may face challenges. Buchanan warns that market expectations may not align with economic realities and advises caution, particularly against large-cap and AI-driven stocks, as volatility may arise from upcoming rate adjustments and elections.
Source: YAHOO