The Federal Reserve is hinting at interest rate cuts in 2024, potentially lowering rates by up to 75 basis points. đ This shift could boost stock markets as cheaper borrowing helps businesses, though bonds might offer less attractive yields.
Expect some market volatility initially, but history shows potential for rallies post-cuts. Diversification is keyâbalance your portfolio with a mix of assets like structured notes or longer-term CDs to lock in higher rates now.
Long-term investors should eye opportunities in equities as cheaper borrowing could lead to stronger corporate earnings. Stay calm, stick to your plan, and focus on long-term gains! đ