Bob Doll’s 10 Predictions For 2020

Fed Rate Cut Implications

The Federal Reserve’s move to lower interest rates last week made history on several fronts. It was the first rate cut since the global financial crisis in 2008, the first reduction with U.S. unemployment below 4% and the first time since the dot-com era of the 1990s that central bankers decided to ease policy with U.S. stocks at or near record highs.