The Dow Jones will eclipse 100,000 on a 'turbo booster' combo of earnings growth and Fed rate cuts
Posted: Jun 17, 2024
- Main message is to stay focused on earnings and Fed policy driving stocks - Stock valuations cheap relative to forward earnings - Should be fully invested up to highest need for stock allocation - Federal Reserve expected to cut interest rates one to two times this year - Trillions of dollars of cash on the sidelines expected to move into the stock market - FOMO may drive investors into the market - New AI and tech-led business cycle and bull market - Essential to be overweight in technology and telecom stocks. - The article discusses recent fluctuations in the stock price of $TSLA. - Tesla's stock price has been affected by news of a potential partnership with another major company. - Investors are closely watching for updates on this potential partnership. - This news has caused volatility in Tesla's stock price. - Analysts are waiting to see how this partnership could impact Tesla's future growth.
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