 CNBC's Mike Santoli. It's being called a rate cut rally for stocks. Investors are hoping for an interest rate cut from the Fed. Traders see the odds of one by September at 100 percent now, according to the CME FedWatch tool. Some investors are also seeing that the next president could be ex-President Trump, widely seen as paving the way for more tax breaks for corporations and for the wealthy and more favorable policies for investors.