Stick with large cap stocks for now, strategist suggests

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 37 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

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

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

July CPI, retail sales, earnings: Consumer in focus this weekIt's a big week on Wall Street as investors prepare for the release of several key economic data points. Wednesday will be especially important, as the July ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »