Would a Fed Rate Cut Be Good or Bad for Stocks? It Depends Who You Ask.

On Wednesday, the Federal Reserve confirmed many analysts’ assumptions that a Fed rate cut (or three) may indeed be on the way. While analysts by and large took the news as a signal of a continued market rally in 2024, not everyone’s in agreement. Would a Fed rate cut be good for stocks? Well, it depends on who you ask. Indeed, according to Michael Gayed , InvestorPlace contributor and Publisher of the Lead-Lag Report, a Fed rate cut is “bad news for stocks.” The Chartered Financial Analyst ( CFA ) believes markets are pricing in a sort of miracle recovery. In his view, analysts have completely and erroneously bought into the “soft…