BY LLOYD KHANER September’s good news, a 50-basis-point cut in the fed funds rate, came with the bad news that we needed it. The market will continue to dissect every domestic data point until the next Fed meeting in hopes of another rate cut. After spiking to fear levels, the Wall drops a few worries as the credit freeze begins to thaw. Now the question is whether the stock market cares more about the economy’s health or interest rates dropping. If you prefer lower interest rates, pick your stocks and your spots: Volatility is here to stay, and you should get some buying opportunities.
