Reported 29 days ago
Kenny Polcari, chief market strategist at Slatestone Wealth, shares his views on the potential benefits of a mild recession as the Federal Reserve plans its first interest rate cut. He suggests that such a recession could help reset prices in vital sectors like food and energy and benefit small-cap stocks. Polcari believes that while the economy is fairly resilient, a measured approach to interest rate cuts, such as a 25-basis-point reduction, would be most appropriate to ensure long-term stability.
Source: YAHOO