Invesco Strategist Predicts Multiple Reductions in 2024 Kristina Hooper, Invesco’s chief global market strategist, believes multiple rate cuts could be possible in 2024. Despite disappointing existing home sales data, Hooper remains optimistic about potential rate cuts in 2024, suggesting the possibility of two or even three cuts. Hooper attributes the current tech sector rotation to anticipation of these rate cuts, which could prevent an economic downturn and lead to re-acceleration, benefiting cyclically sensitive stocks. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gundlach's Investment Strategy: Cash and Gold in a Volatile Market READ MORE Core Fed Inflation Metric Surpasses Expectations, Rising 2.8% in March READ MORE Gold Prices Dip as Middle East Conflict Cools, Market Eyes Upcoming U.S. Economic Indicators READ MORE Morgan Stanley Predicts Continued Dominance of U.S. Dollar as Global Reserve Currency READ MORE Are Gold ETFs Backed By Physical Gold? READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment