Stocks rallied after Powell’s dovish tone hinted at potential rate cuts, fueling hopes for a soft landing. The rebound could have legs if inflation continues to ease and the Fed stays supportive. However, risks remain — geopolitical tensions and economic data could still disrupt the rally. Growth and tech stocks may benefit most from lower rates, but cyclicals could lag if economic slowdown fears resurface. For now, staying selectively bullish on quality names seems like the smart play.
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- AnnaMaria·03-21 03:59Smart play indeedLikeReport
