Reported 27 days ago
Strategist George Seay warns that the US economy could 'keel over' in the next two years due to the Federal Reserve's cautious approach to interest rate cuts. He predicts a modest reduction of 25 basis points, emphasizing that the Fed has been slow to react to the economic cooling. Seay suggests that interest-sensitive stocks may perform better as the economy slows, while the tech sector may have peaked.
Source: YAHOO