Stick with large cap stocks for now, strategist suggests

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Ken Mahoney News

The Federal Reserve,Consumer Price Index

July's Consumer Price Index (CPI) reading revealed inflation was cooling, fueling Wall Street's attitude that the Federal Reserve will make its first cut to ...

reading revealed inflation was cooling, fueling Wall Street's attitude that the Federal Reserve will make its first cut to interest rates in September, but what does that mean for the stock market? How should investors manage their portfolios for the coming rate change?

You know, look at the housing shelter numbers, look at the insurance, car insurance, homeowners insurance going up quite a bit. It also comes with this backdrop, this mindset that if the fed is going to begin cutting in and at an accelerated pace, then that means that they're seeing something in the economy that signals that they need to do.

Just one last question for you here as, as you were mentioning, some of the winners that we've seen thus far, is there a shift in the investment thesis? But the investment return investors need to be a little bit more patient, you know, until they run that out.Alabama district judge suspended and accused of letting child abuse cases 'languish,' complaint says

 

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