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 Hedge Funds Go for Gold as Political and Economic Uncertainties Loom READ MORE Jamie Dimon Predicts Sustained High Interest Rates Amid Economic Challenges READ MORE China's Gold Imports Skyrocket as Middle Class Seeks Stability READ MORE JPMorgan Predicts U.S. Recession Delayed to 2025 Following Manufacturing Rebound READ MORE Fed's Rate Cut Hesitation: Inflation Concerns and Economic Uncertainties Dominate READ MORE Add a Comment Cancel replyYour email address will not be published.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