Stocks Hit New All-Time Highs Ahead Of Rate Cuts
Image Source: Pixabay
The Dow finally has company - the much broader S&P 500 has joined it at the all-time high party. If you sense something missing from this picture, you’re not wrong…
I’m concerned that the Nasdaq hasn’t notched highs this month. Of course, that’s the home of tech in the market, and tech stocks typically react well to rate cuts. We’ll get a cut tomorrow, though whether it’s 25 or 50 basis points will be a surprise until the end.
Gold and silver continue to look strong and there’s a bid under crypto, too. Crude oil may be having a “moment,” as well, as it tries to complete a bottom.
I’ll walk you through what you need to know right now…
Video Length: 00:08:32
More By This Author:
The Fed “Train” Is Leaving The Station: Destination UnknownMarket Musings
The “Return Of Inflation” And How To Profit From It
Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, ...
more