IMO FEDs interest rates don't matter with stock trading, only matters to macro economy and talking heads, which need a reason to talk. With todays economy, companies have NO problem with funding. A .25% raise or decline in FED rate means little to the average company out there.
So there's my opinion. Low cost financing is available. Companies that need bank financing will get it. This macro bull isn't like a couple trying to get a mortgage. Talking heads will talk about any cut if the market runs, but not say a word if the market falls after.
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