APP, SOFI, ZETA, FOUR, HIMS: 5 Strong Picks Ahead of Rate Cut Cycle Plus 2 Momentum Plays

Semptember 15 2024, Update

This week the CPI came at 2.5% slightly better than expectations.

Looking at the Nowcast predictions the next reading should touch 2.3%.

Next week, the FED is expected to announce a rate cut, with a 0.25% reduction being the most anticipated outcome.

Currently, no clear indicators are suggesting an imminent recession. As long as severe negative economic data doesn't emerge, the outlook for stocks remains positive. However, it's important to remember that September and October are typically volatile months due to seasonal trends.

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