5 Stocks With Recent Price Strength Amid Trade & Rate Cut Uncertainties
U.S. stock markets have maintained their northward journey in the first half of August despite tariff and trade-related uncertainties and the Fed’s indecision regarding the timing of the first interest rate cut in 2025.
The Trump administration is yet to enter into trade deals with several key trading partners of the United States including China. On the other hand, despite an overwhelming market expectation of a 25-basis point rate cut in September, the central bank has yet to indicate anything in that direction. In this regard, the outcome of the Fed’s annual Jackson Hole Symposium for Economic Policies, to be held during Aug 21-23 will be of utmost importance.
Consequently, very few stocks have shown price strength. We…
