With the Federal Reserve signaling a likely rate cut at its September 18 meeting, investors are adjusting their strategies in anticipation of a changing market environment.
This adjustment, alongside ongoing economic resilience, seems to have"added to the confidence the Fed has been looking for to pivot policy even as economic resilience remains evident," said Oppenheimer. The firm remains optimistic about the technology sector's leadership but expects other sectors to benefit as well, particularly those investing in tech-related services and infrastructure to enhance business efficiencies. This broader participation is seen as critical for sustaining the market's upward trajectory.
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