Lower rates are seen as beneficial to many corners of the market whose performance has lagged this year, including small-caps, real estate and economically sensitive areas such as industrials. — Reuters
NEW YORK: Looming US interest rate cuts are presenting investors with a tough choice: stick with the Big Tech stocks that have driven returns for more than a year or turn to less-loved areas of the market that could benefit from easing monetary policy.
Owning massive tech and growth companies such as Nvidia , Microsoft and Amazon has been a hugely profitable strategy for investors since early 2023, even as the stocks' market dominance has drawn comparisons to the dot-com bubble of the late 1990s.
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