Terry Sawchuk, The Fed rate cut is good for tech stocks and small caps

Terry Sawchuk is the Founder Sawchuk Wealth.

-We are not close to a recession

-Economic data is more likely to surprise to upside through year end

-The Fed rate cut is good for tech stocks and small caps

-The canary in the coal mine is Japanese Yen

-We are likely going to see a return of global inflation as all central banks will have to also cut rates now so they don’t fall behind the US dollar