September - the notoriously volatile month see the market sell-off since the 1st trading day of the month.  The CPI data released yesterday shows that inflation eases to 3-year low. Notwithstanding, the core inflation is still stubbornly above the FED's inflation goal of 2%. Hence, market is now expecting a rate cut of 25 bps instead of a larger rate cut in September.
I started to build my dividend portfolio in August 2024 with the view that a rate cut, albeit small or big, wi...