Fed-induced rally is unsustainable, especially for 5 sectors

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People shop at a retail shoe store in Manhattan on January 05, 2024 in New York City. 

Spencer Platt | Getty Images

It’s not being talked about enough. This market move off the November lows and the Fed pivot — signaling an end to the central bank’s rate-hiking cycle — is one of the most astonishing and satisfying I have seen in 43 years of investing. In nine weeks, we blew through price targets on so many groups, we crashed barriers that I thought would be impossible to do for many years.

Sumber: www.cnbc.com

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