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| By Jim Nelson |
Barring a sudden shock or terrible news cycle — both always a possibility — it looks like we’re going to end the year on a high note. At least, stocks should.
The Federal Reserve practically guaranteed that with this week’s Federal Open Market Committee meeting.
The group did what Wall Street expected — keeping the Fed funds rate unchanged for the third meeting in a row. But it also did something unexpected, though not unappreciated.
In the post-meeting release of the famous “dot plot,” the FOMC members signaled that next year will be a year of rate cuts. Three cuts of 25 basis points each, in fact, is the majority prediction.
That sent shares rallying on Wednesday and Thursday to new 52-week highs in the S&P 500. In fact, the summertime slump now looks like nothing more than a blip for the market:
Around here, we remain wary of full-blown optimism for the most part. But as you can see, your experts are letting a little of that upbeat hopefulness slip through.
Here’s what they have to say about the state of this market …
Make the Weiss Ratings Your First Investment Destination
Director of Research & Ratings Gavin Magor kicks us off with a reminder … and a warning. Coming in on the less optimistic side, Gavin works through the record holiday shopping numbers, inflation and what companies are set to benefit the most. Of course, you better believe he backs it up with the Weiss ratings.
Fed Protection Ahead of a Year of Changes
Safe money expert Nilus Mattive shares a different kind of optimism. While predicting the Fed can seem impossible at times, he points out its history of calling the same play over and over again. He sees that same play coming in 2024 … and shows you how to play it for both protection and large gains.
A Pair of Miners for Santa’s Nice List!
For the past few weeks, natural resources guru Sean Brodrick has been gung-ho about what’s coming in the next precious metals rally. He’s identified two small players in the field with big potential. In fact, he even interviewed their top people recently. He shares all of that with you.
Why Optimism Could Hand You a 12,480% Gain
If you spend some time around our virtual office, you’ll know that our tech expert doesn’t always come across as an optimist. But Jon Markman reveals that it was optimism over skepticism that led to one of his greatest predictions ever. He says that it’s time to get optimistic once again about AI and the companies driving it.
Get Ready to Turn $5,000 into $675,000
Finally, Sean wraps up this week with a nice bow by showing you how powerful investing in supercycles can be. In fact, he shares his favorite supercycle that is pointing to an unbelievable $13 trillion opportunity. He also shows you exactly how to play it.
That’s all for this week. Have a great weekend!
Until next time,
Jim Nelson
Managing Editor
Weiss Ratings Daily
