Reported 13 days ago
Carson Group's chief market strategist Ryan Detrick asserts that ongoing rate cuts by the Federal Reserve will continue to energize the bull market, emphasizing that the current economy is not heading toward recession despite signs of a slowdown. He anticipates potential double-digit returns in the stock market next year, particularly for small- and mid-cap stocks, and advises investors to maintain diversified portfolios as uncertainty looms during the upcoming presidential election.
Source: YAHOO