Trump's Win and Rate Cut to Benefit Small Businesses: 5 Top Picks
MediaAlpha(MAX) ZACKS·2024-11-09 04:01
The self-proclaimed “tariff man” is back at the helm of the United States of America. On Nov. 5, Donald Trump had a resounding victory to become the nation’s 47th president. On Nov. 7, the Fed decided to reduce the benchmark lending rate by 25 basis points in its November FOMC meeting. This rate cut follows an aggressive 50 basis-point reduction in the Fed Fund rate in its previous FOMC meeting in September.These two recent developments should benefit small businesses to a good extent. Here we recommend fiv ...