Fed head Jerome Powell’s assuring testimony in front of Congress on July 10th hinted more than ever that a rate cut would be made later this month. However, at Dohmen Capital, we pose the important question: “are declining interest rates bullish for stocks?”
Fed head Jerome Powell’s assuring testimony in front of Congress on July 10th hinted more than ever that a rate cut would be made later this month. This sent the major averages soaring to new record highs on the DJI, S&P 500, and NASDAQ.
However, at Dohmen Capital, we pose the important question: “are declining interest rates bullish for stocks?” This is what all investors should be contemplating right now.
Many analysts say that a decline in interest rates will be used as fuel for more enthusiasm for stocks. That works…until investors find out that declining rates are indicative of economic deterioration.
If you wish to read the rest of our analysis from our award-winning Wellington Letter, sign up today with our special January offer: Buy 1 Month, Get 2nd Month Free! You can gain instant access to this issue and our most recent issues over the past 2 months by signing up today to get 1 Free month.
Disclaimer:This and other personal blog posts are not reviewed, monitored or endorsed by
TalkMarkets. The content is solely the view of the author and TalkMarkets is not
responsible for the content of this post in any way. Our curated content which is
handpicked by our editorial team may be viewed here.
Comments
Log in or sign up to join the conversation.