QCP Capital: With the Fed about to start cutting interest rates, any pullback in the stock market and cryptocurrencies will be short-lived

QCP Capital's latest report points out that the Federal Reserve is now more inclined to prevent the collapse of the job market, and the possibility of a 50 basis point rate cut in September has increased significantly. The market currently expects four rate cuts in 2024. Although US stocks are close to historical highs, QCP is cautious about their short-term performance. Analysts expect that any pullback in the stock market and cryptocurrencies will be short-lived against the backdrop of the Federal Reserve's upcoming rate cut cycle. QCP recommends that investors focus on products that can provide returns and upside potential to seize future market opportunities.