HomeMarketsU.S. EconomyMega-Caps Benefit Long-Term From Rate Cuts
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Mega-Caps Benefit Long-Term From Rate Cuts

Mega-Caps Benefit Long-Term From Rate Cuts

“The market is starting to price in” less rate cuts, says Ted Thatcher. “With the data we’ve seen, the American consumer is surprisingly durable,” which puts pressure on the Fed to slow down. Over the medium and long-term, he expects tailwinds for the mega-cap stocks due to rate cuts. He likes the bigger names in the financial sector, including JPMorgan Chase (JPM) and Citigroup (C).

The Watch List

18 Oct 2024

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