Fed should get aggressive with rate cuts or risk recession: Jim Thorne
Jim Thorne, chief market strategist at Wellington-Altus Private Wealth, has stated that the Federal Reserve needs to implement aggressive rate cuts to prevent a recession. He emphasizes the importance of bringing inflation down to its neutral rate quickly.
Stock Forecasts
SPY
Positive
If the Fed acts decisively to cut rates, it could lead to increased economic activity and spending, positively impacting growth sectors.
VNQ
Positive
In the short term, sectors sensitive to interest rates, such as real estate and utilities, may benefit from lower rates, leading to potential stock gains.
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