BMO Capital is bullish on small and medium-sized stocks: attractive valuations and usually perform better during the Fed rate-cutting cycle.
BMO Capital Markets Chief Investment Strategist Brian G. Belski stated in a report that the valuation background of small and mid-cap stocks remains attractive for investors seeking to increase exposure.
Australian Dollar Gains Ground Following Solid Employment Data
Hopes of RBA Rate Cut This Year in Tatters -- Market Talk
RBA Will Now Be Looking Into 2025 to Cut Rates -- Market Talk
Goldman Sachs bets that the Federal Reserve will cut interest rates six times in a row! A graphical interpretation of Wall Street investment banks' latest interest rate forecasts.
①Among the investment banks that have recently updated their forecasts, without exception, all generally expect the Fed to cut interest rates by 25 basis points next month; ②In their year-end outlook, only Citigroup believes that the Fed's December meeting may once again cut rates by 50 basis points, while other investment banks all expect the rate cut at the December meeting to remain at 25 basis points.
Deutsche Bank: If the Republican party "sweeps" the USA election, the dollar will receive a significant boost.
deutsche bank stated that if the Republican Party wins big in the upcoming US presidential election, with Trump winning the presidency and the Republicans controlling Congress, the US dollar will receive a significant boost.
