The expectation that the Federal Reserve will not cut rates in December suggests that market participants are factoring in ongoing inflationary pressures or concerns over economic stability, which could lead to a period of elevated rates. In terms of the stock market, this could have a variety of effects, and the outlook largely depends on investor sentiment and the broader economic context. Impact on the Stock Market: 1. Interest Rates and Valuations: Higher interest rates generally put downward pressure on stock valuations, particularly for growth stocks, since the cost of capital increases and future earnings are discounted at a higher rate. If the market was expecting a rate cut in December and that doesn't materialize, we could see a pullback, especially in sectors sensitive to intere
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