NEM News: 7 Interest Rate Sensitive Stocks to Buy Before the First Rate Cut - 9th Aug 2024, 8:03pm

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JP Morgan (NYSE:JPM) believes that there is a 35% chance of recession in the U.S. by the end of the year. Further, the odds of recession in the first half of 2025 are 45%. Given these expectations, there is no doubt in my mind that the fed is going to pursue expansionary monetary policies before the end of the year. From an investment perspective, it’s therefore a good time to buy interest rate sensitive stocks for quick gains.

An important point to note is that rate cuts are intended to b...

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