"The truth of the matter is that, since 2018, most US equities have had a rough time of it," said Cecchini, the CEO and founder of AlphaOmega Advisors, and former global chief market strategist at Cantor Fitzgerald.
Without further ado, here are the six risks that Cecchini flagged. While they may not strike you as brand new or unfamiliar, Cecchini says they are not being given enough consideration. Cecchini computes that S&P 500 technology companies — several of which led the post-pandemic recovery — are trading at 31 times their year-end earnings estimates.
But Cecchini's counterpoint is that the ongoing business cycle's contraction is not over and the expected earnings growth may not materialize. The Fed's response has been the center of much attention due to its size and influence on investor sentiment.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Oh look another article about impending doom for the market. I'll put it with the other articles from May, June, July, and August.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Yelp's Phoenix office: Insiders allege racism, sexism, partying - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside a $44 million Lake Tahoe estate that neighbors Mark Zuckerberg - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market crash: Expert sees risks in 'disturbing new all-time low' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
The 9 California housing markets with the most homes at risk from wildfires - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Check it out! Do You Want To make 5 stunning animated logo intro videos In 24 hours Contact Me : intro video top logo intro 3d logo animation best logo animation video intro Looks like rapture.. Does describe burning hills right.
Source: BusinessInsider - 🏆 729. / 51 Read more »