What Markets Seem to Be Shouting After the Big Fed Announcement
Alex Moschina|September 18, 2024
Welp, there you have it.
The big Fed announcement we’ve all been waiting for has finally arrived.
And now that it’s wrapped up…
After all the fanfare…
You can practically hear the markets shouting… “What’s next?”
And… more importantly…
“How about another rate cut?”
But with the Fed’s proclamation officially behind us, we can once again turn to the other issues of the day…
Decision 2024 📈
Let’s not forget (as if we could) that this is an election year. And an unprecedented one at that! With last-minute candidate switches… high-profile legal battles… alleged pet consumption…
The list goes on and on.
But in times like these, we can always count on data to inform our next move. Which is why, in this week’s Total Wealth essay from Robert Ross, he shared a market cycle theory based on figures that go back over 120 years.
It’s called, fittingly, the Presidential Election Cycle Theory. And it shows that election years – like this one – are typically quite profitable.
One look at the major indices’ performances this year supports the theory.
If you haven’t read Robert’s write-up on the topic, click here.
Hard Landing? Think Fast
Now turning back to the economy…
As Shah noted in today’s edition of Buy This, Not That, there is an increasing number of folks concerned about a “hard landing”… or even a full-blown recession.
Economists worry that the Fed may have waited too long to start cutting rates.
If so, the over-leveraged American consumer could be in for rough times ahead.
One smart way investors can prepare is by focusing on sectors that tend to do well when consumers are forced to pinch pennies.
That’s why Shah decided to turn his focus to two popular fast-food stocks – McDonald’s (MCD) and Wendy’s (WEN).
You can get his thoughts on which of these companies is a “Buy” right now by clicking here or on the thumbnail below.
Alex Moschina
Alex Moschina is the associate publisher of Manward Press. A gifted writer, editor and financial researcher, Alex’s career in publishing began more than a decade ago when he worked at one of the world’s leading providers of academic research and reference materials. Alex first cut his teeth in the realm of investing when he joined the team at White Cap Research in 2010. There he was charged with covering emerging market trends and investment opportunities. A stint as senior managing editor and editorial director at the prestigious Oxford Club followed. A frequent speaker at conferences and events, Alex has led educational workshops across the U.S. and Canada.
