Short-term Market Volatility Expected Despite Rate Cuts, Analyst Says

Reported about 2 months ago

Analyst Bret Kenwell from eToro believes that while the US markets may experience a long-term stabilizing trend following the Federal Reserve's hint at an interest rate cut, there could be short-term volatility. After a significant market rally bringing the S&P close to its all-time high, a mild pullback or consolidation may be expected in the near future as market dynamics adjust.

Source: YAHOO

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