Small-cap stocks set to gain from the Fed's rate-cutting cycle
BofA Analysis: Bank of America analysts identified Russell 2000 stocks that have historically benefited from the Federal Reserve's interest rate cuts, focusing on companies with strong value, dividends, and analyst ratings.
Seeking Alpha Ratings: The analysis includes Seeking Alpha's Quant ratings, which evaluate stocks based on critical measures like valuation and profitability, with ratings above 3.5 indicating bullish prospects.
Highlighted Stocks: Notable stocks from the analysis include Academy Sports & Outdoors (Buy), DiamondRock Hospitality Co (Strong Buy), and National Health Investors Inc (Strong Buy), among others.
Market Outlook: The report suggests a broader market shift beyond mega-cap stocks, with expectations for smaller-cap stocks to gain momentum as fundamentals improve.
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FED'S GOOLSBEE: INTEREST RATES COULD DECREASE, BUT INFLATION PROGRESS IS ESSENTIAL
- Federal Reserve's Goals: The Federal Reserve aims to manage interest rates effectively to combat inflation.
- Current Economic Outlook: While rates can still decrease, there is a need for visible progress in reducing inflation.
CITI PREDICTS FIRST RATE CUT OF THE YEAR IN MAY INSTEAD OF MARCH DUE TO JOBS DATA
Economic Forecast: CITI expects to deliver the first rate cut of the year in May, indicating a shift in monetary policy.
Job Market Insights: This forecast follows recent jobs data, suggesting changes in employment trends that may influence economic decisions.
U.S. to Eliminate Additional 25% Tariff on Indian Imports and Lower Tariffs to 18% as India Decreases Russian Oil Purchases, According to White House Official.
U.S. Tariff Changes: The U.S. will eliminate the additional 25% tariff on Indian imports and reduce tariffs to 18%.
India's Oil Purchases: The tariff reduction comes as India decreases its purchases of Russian oil.
TRUMP CALLS FOR LOWER INTEREST RATES FROM THE FED
- Trump on Fed Interest Rates: Former President Trump expressed a desire for the Federal Reserve to lower interest rates.
- Economic Implications: Lowering interest rates could stimulate economic growth but may also raise concerns about inflation.
- Political Context: Trump's comments come amid ongoing discussions about the Fed's monetary policy and its impact on the economy.
- Public Reaction: The statement has sparked varied reactions from economists and political analysts regarding its feasibility and potential consequences.
University of Michigan Consumer Sentiment Final January at 56.4, Exceeding Consensus of 54.0 and Preliminary January Estimate of 54.0, Up from Final December's 52.9
Consumer Sentiment Index: The University of Michigan's final consumer sentiment index for January is reported at 56.4, indicating a slight increase from the preliminary figure of 54.0.
Comparison to Previous Month: The final consumer sentiment index shows a decrease from December's figure of 52.9, reflecting ongoing economic concerns among consumers.
U.S. SUPREME COURT SEEMS UNLIKELY TO GRANT TRUMP'S DEMAND TO IMMEDIATELY REMOVE FEDERAL RESERVE GOVERNOR LISA COOK
Supreme Court's Likely Decision: The U.S. Supreme Court is expected to deny Donald Trump's request for the immediate firing of Federal Reserve Governor Lisa Cook.
Context of the Request: Trump's request is part of ongoing legal and political maneuvers related to his influence over federal appointments.
FED'S GOOLSBEE: INTEREST RATES COULD DECREASE, BUT INFLATION PROGRESS IS ESSENTIAL
- Federal Reserve's Goals: The Federal Reserve aims to manage interest rates effectively to combat inflation.
- Current Economic Outlook: While rates can still decrease, there is a need for visible progress in reducing inflation.
CITI PREDICTS FIRST RATE CUT OF THE YEAR IN MAY INSTEAD OF MARCH DUE TO JOBS DATA
Economic Forecast: CITI expects to deliver the first rate cut of the year in May, indicating a shift in monetary policy.
Job Market Insights: This forecast follows recent jobs data, suggesting changes in employment trends that may influence economic decisions.
U.S. to Eliminate Additional 25% Tariff on Indian Imports and Lower Tariffs to 18% as India Decreases Russian Oil Purchases, According to White House Official.
U.S. Tariff Changes: The U.S. will eliminate the additional 25% tariff on Indian imports and reduce tariffs to 18%.
India's Oil Purchases: The tariff reduction comes as India decreases its purchases of Russian oil.
TRUMP CALLS FOR LOWER INTEREST RATES FROM THE FED
- Trump on Fed Interest Rates: Former President Trump expressed a desire for the Federal Reserve to lower interest rates.
- Economic Implications: Lowering interest rates could stimulate economic growth but may also raise concerns about inflation.
- Political Context: Trump's comments come amid ongoing discussions about the Fed's monetary policy and its impact on the economy.
- Public Reaction: The statement has sparked varied reactions from economists and political analysts regarding its feasibility and potential consequences.
University of Michigan Consumer Sentiment Final January at 56.4, Exceeding Consensus of 54.0 and Preliminary January Estimate of 54.0, Up from Final December's 52.9
Consumer Sentiment Index: The University of Michigan's final consumer sentiment index for January is reported at 56.4, indicating a slight increase from the preliminary figure of 54.0.
Comparison to Previous Month: The final consumer sentiment index shows a decrease from December's figure of 52.9, reflecting ongoing economic concerns among consumers.
U.S. SUPREME COURT SEEMS UNLIKELY TO GRANT TRUMP'S DEMAND TO IMMEDIATELY REMOVE FEDERAL RESERVE GOVERNOR LISA COOK
Supreme Court's Likely Decision: The U.S. Supreme Court is expected to deny Donald Trump's request for the immediate firing of Federal Reserve Governor Lisa Cook.
Context of the Request: Trump's request is part of ongoing legal and political maneuvers related to his influence over federal appointments.
