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2024-09-20 16:06:47
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finance.yahoo.com on Nostr: Bullet points of Analysis-Rate cuts are here, but US stocks may have already priced ...

Bullet points of Analysis-Rate cuts are here, but US stocks may have already priced them in
- Investors cheered the first rate cuts in more than four years, sending the S&P 500 to fresh records.
- The S&P 500 has gained an average of 18% a year following the first rate cut in an easing cycle as long as the economy avoids recession.
- Stock valuations have climbed in recent months, leaving the S&P 500 trading at over 21 times forward earnings.
- Lower rates stand to help stocks in several ways, including increased economic activity and reduced borrowing costs.
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