1. Fed cuts benchmark rate by 25 basis points, supporting bullish market sentiment. 2. S&P 500 rose 0.67%, alongside other major indices following the rate cut. 3. Cramer highlights strong buys in housing, transport, and industrial sectors. 4. Future rate hikes are unlikely, but Fed remains cautious about inflation. 5. Investors advised to be bullish heading into year-end despite market uncertainties.
FAQ
Why Bullish?
Rate cuts historically boost stock prices, as seen during previous easing cycles.
How important is it?
The Fed's decision directly influences market liquidity and investor sentiments, particularly in the S&P 500.
Why Short Term?
The immediate effects of rate cuts often manifest quickly, affecting year-end trading.