Fast Money Blog- 12/15/23

This was a sensational week on Wall Street, which saw the Dow Jones Industrial Average jump more than 400 points, surpassing 37,000 for the very first time. 

Much of this rise was in response to the Wednesday, December 13th, Federal Reserve’s decision to hold interest rates steady for the third straight time. Because the inflation rate has eased from its highs, and the economy has held, the Fed in unprecedented fashion also laid out a timeline for a number of rate-hike cuts in 2024 and beyond, including three in 2024 alone. 

Congratulations on continuing to follow discipline and investing in stocks like Mastercard, Inc. (MA), Visa, Inc. (V), and Costco Wholesale Corporation (COST).

I believe the first 6 months of 2024 will be bullish and very explosive. 

Stay Open! Stay Positive!

There’s a great deal of growth to look forward to. 

Tyrone Jackson, The Wealthy Investor