19/09/2024
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With the majority of the Fed calling for two more rate cuts this year, we will likely see a 0.25% cut at the November FOMC meeting and another 0.25% cut at the December FOMC meeting. In addition, members are forecasting four more cuts in 2025.
So, folks, the bottom line is that this is all incredibly bullish. These rate cuts will serve as the long-awaited “turbo boost” to not only the stock market but the U.S. economy as well.
How You Can Benefit
Now, this is when things start to get interesting for the markets…
Over the past 35 years, the Fed has cut rates on several different occasions, and every time they cut interest rates, the NASDAQ soars. Historically, we’ve seen the Fed’s rate cuts lead to mega-rallies of about 98%, on average.
So, if history is any guide, we could expect to see the markets shift into a higher gear very soon.
That’s because there is nearly $9 trillion in cash just sitting on the sidelines. And with rates falling, I predict a huge chunk of that will have to be deployed into the stock market.
