Wall Street has experienced an impressive rally over the past 18 months. Recently, weaker-than-expected inflation data, several soft key economic indicators and dovish comments from the Fed Chairman about a potential interest rate cut have heightened market expectations of a 25-basis point rate cut in September. Investors are also anticipating at least two rate cuts by the end of 2024. Moreover, despite some disappointing results from major tech stocks, the overall earnings season has begun strongly.This op ...