A Message from InvestorPlace Dear Reader, Have you seen Elon Musk's new invention? I was already very bullish on this new type of AI. And now that the Fed has just cut interest rates, I'm even more bullish. By now, you know that the Fed just fired off their bazooka and cut interest rates by 0.5%. The stock market is already making new all time highs. And if history is any guide, it will likely keep moving higher. You see, in the past 40 years, the Fed has cut rates 12 times with the S&P 500 within 1% of an all-time high. The market was higher a year later ALL 12 times with an average return of around 15%. So when you combine this Fed cut with this Elon Musk new type of AI... I predict the result will be a massive boom. Regards, Eric Fry Senior Macro-Investment Analyst, InvestorPlace |
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