"Stocks have climbed since the Federal Reserve lowered interest rates a month ago, with investors betting that it marked the beginning of a series of cuts that will offer a tailwind to the market."
"There has been a marked shift relative to 18 months ago... When I talk to investors, there is much less concern about an economic downturn."
"Falling interest rates are generally good news for stocks because lower borrowing costs can boost corporate profits and raise market valuations."
"The S&P 500 index has risen 4 percent since the Fed cut rates last month... The benchmark index has set a series of fresh record highs."
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