Dory Wiley expects profit taking before & after Fed rate cuts
August 30, 2024
Commerce Street Capital CEO Dory Wiley discusses market expectations, anticipating profit-taking leading up to the September 18 FOMC meeting. He predicts that, despite potential rate cuts, market choppiness will persist, especially in tech, as investors shift toward value-based opportunities. Wiley advises retail investors to consider Nvidia for long-term investment despite short-term sell-offs.
