Reported about 1 month ago
As markets wrap up a strong August marked by key data releases, attention turns to potential Federal Reserve rate cuts. Dory Wiley, Commerce Street Capital CEO, anticipates profit taking in the lead-up to and following any rate cut, particularly affecting technology stocks as institutions look to move into value opportunities. He describes the upcoming period as likely choppy, urging long-term investment strategies despite recent sell-offs.
Source: YAHOO