It is safe to say that 2024 has been a disappointing year for those who invested in consumer staple stocks. The widely feared and talked about recession has not arrived, and so far the Fed has not made any rate cuts this year despite high anticipation. Although the interest rate cut is most likely going to occur during the September meeting, there is still a good chance that the Fed will not take the cut aggressively, and the cut journey will occur gradually. This would mean that it will take a couple of ye ...