Wall Street has been witnessing an impressive rally in 2023 buoyed by steadily decreasing inflation and a simultaneous reduction in the magnitude and number of interest rate hikes by the Fed. According to CME’s FedWatch tool, traders are currently associating nearly 100% probability that the central bank will keep the benchmark lending rate unchanged at the range of 5.25-5.5% in the December FOMC meeting. Image Source: Zacks Investment Research General Electric Co. GE has been benefiting from the strong performance of the Aerospace unit, driven by robust demand and solid execution in commercial engines and services.