Why stocks could still rise even as rate cut hopes fade Yahoo Finance

Image for article Why stocks could still rise even as rate cut hopes fade  Yahoo Finance
News Source : Yahoo Entertainment

News Summary

  • Investors are now pricing in just two interest rate cuts in 2024, down from a peak of seven in early January
  • Many Wall Street strategists believe this won't alter stocks' charge higher in 2024
  • "It's really about earnings," Bank of America US and Canada equity strategist Ohsung Kwon told Yahoo Finance
Investors are pushing back bets on when the Federal Reserve will begin cutting interest rates, but many Wall Street strategists believe this wontalter stocks charge higher in 2024.After a key in [+4127 chars]

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