- Investment Literacy Coach
- Posts
- Sep 17th Stock Market Update - 0.25% rate cut is baked in
Sep 17th Stock Market Update - 0.25% rate cut is baked in
What happens if there is a 0.5% rate cut instead? This might get interesting
Mukund Mohan
September 17, 2024
Market
“The market has currently priced a 0.25% rate cut, with expectations of a slow return to normal interest rates, with 2 more cuts expected by year’s end.” 😊 😋
All 3 indices headed much higher on anticipation of the rate cut
The eCommerce stocks - Shopify, Mercado Libre and PDD should continue to do well even with rate cuts, but expect interest rate sensitive stocks such as SOFI and Affirm to start to ramp up by year’s end.
Our subscription service gives specific entries and exits for both long term holds and swing positions. You should subscribe.
Insights from the portfolio
Video of the day
Today’s video is on Chewy $CHWY the pet store eCommerce company.
