Market strategistJay Woods spoke with Benzinga ahead of Jerome Powell’sJackson Hole speech Friday to discuss a variety of topics: rate cuts, what the election means for stocks and what’s next for small caps. Fed Rate CutWoods says the Fed was late to raise rates and has been late to cut rates. The expected rate cut by the Federal Reserve in September comes as investors try to predict what will happen to the stock market — especially with the 2024 presidential election playing out before the end of the year. The market has not had an August/September stretch-up in the past three years, Woods sa…
