Michael Arone: 3 Investment Strategies for the Rest of 2024 and 2025
On Sept. 18, investors exhaled. The Federal Open Market Committee slashed short-term interest rates by half a percentage point. The closely watched decision had divided pundits as many, though not most, had expected a quarter-point reduction. The cut was notable as it represented the Fed’s first rate reduction since 2020 and came less than two months before the presidential election.
On Sept. 19, with the rate cut dominating the news, I met Michael Arone at the Barron’s Advisor 100 Summit in Palm Beach. We discussed the Fed,…
