The good news is all bad news! Wall Street strategist warns: US stocks may lose momentum after interest rate cuts.
The Wisdom Finance app learned that top Wall Street strategists said that if the Federal Reserve cuts interest rates as expected this week, the record-breaking U.S. stock market rally could temporarily lose momentum. Strategists from Morgan Stanley, J.P. Morgan, and Oppenheimer Asset Management warned that as investors shift their focus to the possibility of economic slowdown, market sentiment could shift from optimism to caution.
Latest