MFS Investment Management's Robert Almeida warns investors about misguided expectations on rate cuts and central bank policies, emphasizing fundamentals should drive valuations.

MFS Investment Management's Robert Almeida warns investors are asking the wrong questions and focuses on central banks' limited ability to fix broken businesses. Amid falling inflation, investors are now considering potential US Federal Reserve rate cuts, but Almeida emphasizes fundamentals must drive valuations. He advises investors to ask the right questions about companies' terminal value to combat misguided expectations on rate cuts and central bank policies.

July 26, 2024
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