Reported about 12 hours ago
The stock market's recent surge is largely fueled by optimistic forecasts predicting multiple interest rate cuts in 2026. Analysts, including those from Morgan Stanley, suggest that investors are already positioning themselves for this anticipated scenario, despite the potential for negative economic developments in the near term. Veteran strategist Liz Ann Sonders cautions against this blind optimism, arguing that the lack of rate cuts may be contributing positively to the current market performance and that excessive rate reductions could signal deeper economic issues.
Source: YAHOO