The consumer discretionary sector has been having a slow 2024. Since the start of the year, the S&P 500 Consumer Discretionary Select Sector SPDR (XLY) has advanced just 12.5% as of Oct. 30. However, with the Fed having started cutting interest rates from its September meeting, the sector looks potentially lucrative.While inflation has been coming down and the GDP advance estimate for third-quarter 2024 has shown that the economy is on the right path, the rate-cutting decision by the Fed is, in fact, the si ...