Fed cuts rates to 4.25% - here's what traders who saw this coming are buying now

The Federal Reserve just delivered its first rate cut of the year, dropping the benchmark to 4.00-4.25%, and suddenly everyone's acting like they predicted this economic pivot all along. With unemployment climbing to 4.3% in August and job growth crawling at a measly 22,000 additions, Chair Jerome Powell finally acknowledged what your portfolio probably figured out months ago: the economy needs some help.

This isn't just any ordinary rate cut – it's what Powell diplomatically called a "risk management measure," which in Fed-speak translates to "we're not entirely sure what we're doing, but st...