As the Federal Reserve gears up for its first interest rate cut, Harvest Portfolio Management CIO and Wall Street Beats partner Paul Meeks joins Catalysts to...
As the Federal Reserve gears up for its first interest rate cut, Harvest Portfolio Management CIO and Wall Street Beats partner Paul Meeks joins Catalysts to discuss how easing rates could weigh on the tech sector.
Do you expect that to be the same this time around as largely anticipated, the FED is going to begin cutting interest rates in September here.One is yes, as rates go down the discount rate to value aggressive growth and other tech stocks brings much higher valuations.
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