Sectors to watch amid Fed rate cuts

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  • Опубліковано 18 вер 2024
  • Stocks (^DJI, ^IXIC, ^GSPC) are dialed into the Federal Reserve's interest rate cuts, expected to be announced later today as investors attempt to price in whether the central bank will cut rates by 25 or 50 basis points. What sectors is Wall Street most bullish on as traders look long-term into the Fed's rate-cutting strategy?
    "We'd have to say that... where we are right now it would be technology (XLK), communication services (XLC), consumer discretionary (XLY), and financials (XLF), we think are very important to own at this point," Oppenheimer Chief Investment Strategist John Stoltzfus tells Yahoo Finance, going on to share his outlook on Big Bank stocks
    Stoltzfus finds himself in agreement with JPMorgan Chase (JPM) CEO Jamie Dimon's commentary that the Fed cut won't be "earth-shattering" - "he's got a good point here" - while Stoltzfus still believes the Fed is doing "a good job."
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КОМЕНТАРІ • 28

  • @bigrahizzle
    @bigrahizzle День тому +6

    Waiting for that crash

  • @Princesswunna
    @Princesswunna День тому +2

    Patiently waiting on the verdict 😒

  • @thejeffinvade
    @thejeffinvade День тому +1

    Roman Empire is fascinating.

  • @ethanf.6848
    @ethanf.6848 День тому

    The rate cuts could help real estate stocks, not the ones in the summary above.

  • @theviral6608
    @theviral6608 День тому

    What about Naturalgas prediction after fed rate cut news

  • @agar1974
    @agar1974 День тому

    I’m with 75 basis points cut 😂

  • @maheshbirari4820
    @maheshbirari4820 День тому

    25%

  • @arizonawut
    @arizonawut День тому +3

    This dude was 100% wrong lol

  • @OwenSBaird
    @OwenSBaird День тому +1

    Watch rates not get cut.

  • @Justme-xp4rf
    @Justme-xp4rf День тому +2

    Lol😂😂😂😂😂 strong market. What a 🤡

  • @jamieholsey1106
    @jamieholsey1106 День тому

    Strong market lol 😆

  • @iwe7078
    @iwe7078 23 години тому

    Collapse incoming.

  • @JohnyTerr
    @JohnyTerr День тому

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