As the market enters 2024, many analysts still believe that aggressive rate cuts are imminent to boost economic growth. However, these expectations have not materialized.
The US economic backdrop for cyclical sectors remains uncertain. The lack of rate cuts has had a limited impact on inflation and interest rates.
Investors should exercise caution before making any investment decisions.
Source: https://seekingalpha.com/article/4747320-schd-investors-at-risk-falling-short-again-in-2025