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Financial stocks are set to shine with Fed cutting rates, market strategist Lauren Goodwin says

Pelican Press

By Pelican Press,
in World News

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Financial stocks could be among the biggest beneficiaries of the Federal Reserve’s upcoming policy pivot, according to Lauren Goodwin, chief marketing strategist at New York Life Investments. With the Fed expected to cut rates starting next week, Goodwin says it could be a friendlier environment for banks and financial services firms as the yield curve steepens. Meanwhile…

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