The Fed's cutting cycle in 1995 sparked an economic boom, with the stock market more than doubling in value by the end of the decade.

The Federal Reserve's 50 bps rate cut seems like a big tailwind for dividend stocks. Explore strategies to navigate potential portfolio risks and opportunities.

The strategist said stocks are now pricing in more Fed easing and about 18% earnings growth for the S&P 500 by end-2025. It doesn’t “get much better than that for risk, so investors are forced to chase” the rally, Hartnett wrote in a note.