ScanSource Stock Soars as Fed Hints at Rate Cuts
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Powell's comments at Jackson Hole trigger market surge! Stocks rallied as the Fed hinted at possible interest rate cuts, boosting investor confidence and sending sectors like IT and staffing soaring. ScanSource jumped 12.6%, but is still down YTD. Is this a buying opportunity or market overreaction? We break down the impact of potential rate cuts and long-term investment strategies. Hosted on Acast. See acast.com/privacy for more information.