Carnival, fuboTV, Ralph Lauren, and Roku Stocks to Buy Amid Hopes of a December Rate Cut

Four consumer stocks, including Carnival, fuboTV, Ralph Lauren, and Roku, are expected to benefit from a potential December rate cut by the Federal Reserve. Positive economic data and high inflation concerns have lifted investor confidence, with the labor market shrinking over the past several months. The Federal Reserve last cut interest rates by 25 basis points in October, and investors believe the same reason will lead to another rate cut in December. Markets are now pricing in an 89.2% chance of a quarter percentage point rate cut.