Published by
The Street
The Street
By Martin Baccardax U.S. stocks are looking to power into the final weeks of the year on the back of one of the best November rallies on record. Many analysts are citing the likelihood of early-2024 Federal Reserve interest-rate cuts as the dominant driver of sentiment. But others note a series of developments in financial markets — including a muted reading for key volatility gauges and the recent price spikes in gold and bitcoin — that suggest that even if the Fed isn’t inclined to cut rates early next year, stocks are still set for solid gains. The S&P 500 has rallied nearly 12% since the b…
