What President Biden's new law means for investors

Wall Street Continues to Wait for Godot [StreetAuthority]    From Our Partners  [What President Biden's new law means for investors]( President Biden just signed a new law approving billions of dollars for one small but growing industry, and investors like Bill Gates and Peter Thiel are all over it. This expert just went public with all the details, including which stocks to jump on immediately. [Click here for details.](   Wall Street Continues to Wait for Godot By John Persinos  Investors are eagerly awaiting Friday’s inflation data and impending speeches from Federal Reserve officials for any indications on the potential timing of interest rate reductions. Wall Street has been desperate for the Fed to cut interest rates. However, waiting for the Fed’s dovish pivot resembles “Waiting for Godot,” an absurdist play in which the protagonists spend all their time trying to meet the mysterious Godot…who never shows up. The playwright Samuel Beckett is making a metaphorical statement about God. (Let’s put all that aside and stick to monetary policy.) In recent months, rate cut expectations for 2024 have gone from six cuts down to three and currently down to one or two. The hard-core pessimists are arguing that we won’t get a cut this year at all. The timing for the first cut has moved from March to June and currently to September…or maybe even as far out as December. Monetary policy remains the crucial backdrop for the stock market. Am I weary of writing about the Fed? Sure, but there’s no choice. Liquidity is the lifeblood of equity markets and the central bank controls the liquidity spigot. Don’t fight the Fed, as the saying goes. In the commodities market, oil prices are rebounding, spurred by escalating geopolitical tensions in the Middle East. Despite these recent gains, oil prices remain around $80 per barrel, staying within the range observed over the past year. [Read More...](   [typing in laptop]( [Get a 9% Dividend From This $11 Telecom Stock](  From online shopping to working remotely – the internet has become an indispensable part of the economy… and our lives. And I’ve found an $11 telecommunications company that’s poised to ride this constant demand to new levels… While doling out a generous 9% dividend. I lay out all the reasons I rate this company a “must buy” in my groundbreaking new report, “Five Companies Poised to Deliver 7.5% Yields and 30% Gains.” [Discover how to get a free copy here.]( You are receiving this email at {EMAIL}as part of your subscription to StreetAuthority. To ensure that you receive these emails, [please add us to your address book.]( [Terms](   [Privacy](   [Unsubscribe]( ©2024 [[ StreetAuthority ]] [[ 20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165 ]] All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.