Fed Rate Cut Rally: Banks and Tech Jump

Did the Fed trigger a stock market surge? Dive into the surprising rally that followed the latest interest rate cut, as investors shrugged off initial disappointment and seized the opportunity to buy, especially in tech and regional banks. Discover which banks jumped, why Merchants Bancorp's 4.2% increase might not be a game-changer, and how future rate cuts could fuel further gains. Hosted on Acast. See acast.com/privacy for more information.