Reported 8 months ago
Great Hill Capital's Thomas Hayes discusses how investors should position themselves with potential Federal Reserve rate cuts in 2024, suggesting opportunities in small-cap stocks, cyclical companies, and businesses with leverage on their balance sheets. While bullish on these areas, he advises against chasing high-flying names like Nvidia due to sustainability concerns. Hayes anticipates a broader market rally beyond the tech sector, urging investors to consider overlooked companies for potential outperformance amidst market anticipation of a Fed rate cut.
Source: YAHOO