S&P 500 briefly hit a new all time high yesterday after the announcement of first rate cut by FED since 2020. FED sees more rate cuts under way if the economic data holds well to support FED's dual mandate - maximum employment and price stability.
A lot of articles have touched on the asset class that will be benefited from the rate cut, eg the gold, bitcoin, dividend stocks and even Malaysian stock market which sees the influx of foreign fund.
Personally I will inve...