RE:RE:looks likeI have agressive interest rate cuts in my expectations, however I think it might take until Q4 in 2024 to get the real bang out of this buck. A $10 share would be well worth the wait, and in the interim there's a nice dividend to collect.
Donwaan wrote: Popular trades from the fourth quarter of 2023 simply might have moved too far, too fast. And with many investors waiting until after the new year to take gains for tax purposes, the pull back in stocks doesnt seem surprising. I wouldnt read too much into the first couple of days of weakness. Rallies like the one we had in the last two months of the year dont come around very often, but unfortunately they dont last forever, said analyst Paul Hickey. Some maintain that investors may be broadly rethinking aggressive expectations for interest-rate cuts though. (MarketWatch)