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Dow Jones Futures: Magnificent Seven Stocks Slide; AI Giant Oracle Dives On Earnings; CPI Next investors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investors.com Daily Mail and Mail on Sunday newspapers.
“Buying and selling is probably happening in the same sectors. We are not selling real estate stocks and going into chemicals or going into the Whirlpools of the world because we still want the sector that we buy should be good and there should be good revenue visibility in the sector.”
“Predictions on when the US Fed will cut rates vary from March to April or September next year. I believe the threshold of cutting the rates a little later, probably next September. But they can always come back and rescue the economy by cutting rates this time which was not there for the last couple of years.”