September 23, 2024 | Read Online
Hello TheoTrader,
The Fed finally went ahead and cut rates by 50 basis points last week, officially signaling that we've entered a new round of monetary easing.
We knew this was coming, and that the market discounts future events. Remember that interest rates, at their core, are simply the cost of money.
I've had some concerns with respect to the sector leadership rankings over the past few weeks, and you may be surprised to see what sector popped after this rate cut…
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