Adam Kobeissi, editor-in-chief of The Kobeissi Letter, expresses optimism regarding the stock market following a recent 50 basis point interest rate cut by the Federal Reserve. He predicts that any market dip will likely be short-lived while bullish trends may continue for a longer duration. This news has sparked excitement in the market.
Positive
Given the current optimism surrounding the interest rate cut and the expected rebound in the stock market, investors might consider bullish positions in growth-focused ETFs.
Capitalist Pig hedge fund manager Jonathan Hoenig weighs in on market rallies, his concern for everyday Americans amid inflation, and his stock pick.
Oct 11, 2024, 12:25 PM
JPMorgan Chase & Co. chief Jamie Dimon on Friday sounded the alarm about "critical risks" to the U.S. economy in the bank's third quarter earnings report.
Slatestone Wealth Chief Market Strategist Kenny Polcari discusses the market rallying following the inflation report, Jamie Dimon's warning of geopolitical risks, and how he fared during Hurricane Milton.