Rate Cut Hopes Lift Confidence: 4 Consumer Discretionary Stocks to Buy
Americans are a lot more confident about the economy than they were till last month. Cooling inflation and the Federal Reserve's hint at starting rate cuts have made them more confident about the economy's health. Consumer confidence in August jumped on hopes that lower borrowing costs in the coming months will give people more spending power and boost the nation's economy. Given this situation, it would be ideal to invest in discretionary stocks such as Cinemark Holdings, Inc. (CNK) , Traeger, Inc. (COOK) ...