The Federal Reserve’s December rate-cut decision is significant, especially since stocks are having their worst November since 2008. Traditionally, November is a good month for stocks, but this year it’s been challenging due to market volatility.
In November, stock prices have swung wildly, with traders buying and selling equities on the same day. This volatility has led some investors to question high valuations in the stock market and artificial-intelligence plays. The role of interest rates in funding AI spending is also a factor in this narrative.
Note: I simplified the text by removing technical terms and complex sentences, making it easier to understand for non-experts.
Source: https://www.marketwatch.com/story/why-stocks-are-trading-on-a-knifes-edge-ahead-of-the-feds-december-rate-decision-8a5c3cb7