Core Insights - The Federal Reserve has initiated a new rate-cutting cycle, which may lead to increased optimism regarding small- and mid-cap stocks, as well as speculative high-tech companies that currently show limited profits but promise significant growth in the future [1] Group 1 - The new rate-cutting cycle by the Fed is expected to influence market sentiment positively towards smaller and mid-sized companies [1] - Speculative high-tech firms, which are characterized by their lack of immediate profitability but potential for ambitious future growth, may also benefit from this environment [1]