Don't Sleep on the Economy: Why Stocks Could Still Slay, Even Without Rate Cuts

Recently oil prices have been rising, and multiple members of the Federal Reserve are indicating they may oppose interest rate cuts for some time, Consequently, I’m less convinced than I was in previous weeks that the central bank will cut rates by the end of the summer. Still, I continue to believe the Fed may very well lower rates starting in June. Moreover, I think the continued strength of the U.S. economy is likely to lift stocks even if companies’ interest costs are not lowered.Why the Fed Could Still ...