The FOMC (aka The Fed) just lowered interest rates a second time by 0.25%. This clearly signals that the Fed is on an easing path and done with rate hikes of 2023. What does that mean for your investment portfolios?

According to Capital Group, their investment team sees promise in both stock and bonds. History shows that over longer periods, stocks, bonds and a 60/40 portfolio also outpaced long-term averages — and cash — following the end of the Fed’s hiking campaign. We’ve already seen that in 2024.

Do you feel that you’ve missed out? Keep hope alive. Reach out and let’s review your financial goals and investments.

As always, your weekly market update is here.