Published on 20 Dec 2024 on Benzinga
...Buy The Dip' Amid Recent Volatility - SPDR Dow Jones Industrial Average ETF...
U.S. stock markets could benefit from fewer interest rate cuts in 2025 despite recent volatility, according to Fundstrat‘s head of research Tom Lee, who sees the Federal Reserve’s hawkish stance as potentially beneficial for investors.
What Happened: “The fewer cuts [the Fed does] in 2025, it actually is better for this bull market because it provides a lot of future ammunition to protect the economy,” Lee said on Thursday, according to Fundstrat.