The chief market strategist at $1.4 trillion Prudential reveals the only way investors should play the market as economic data continues to confuse

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Quincy Krosby of Prudential shares the perfect stock-trading strategy for an increasingly muddle economic landscape.

Quincy Krosby, the chief market strategist at $1.2 trillion Prudential Financial, says traders need to stay flexible as the investing world tries to figure out the trajectory of the US economy.

That's the top recommendation from Quincy Krosby, the chief market strategist for $1.2 billion Prudential Financial. She sees a lot of opportunities for stocks exposed to economic growth, but suggests investors carefully balance out any additional risk they take on because the trajectory of the economy and market is so unclear.

On the cyclical side, Krosby said she expects good returns from industrial companies, especially defense stocks.Krosby is more cautious about big technology companies based on their years of outperformance, but said communications equipment and software companies are some of her top picks. She adds that insurance firms offer the most opportunity among financial stocks.Investors focused on themes are making 5 big mistakes. Here's how UBS says they can be avoided.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 729. in BUSİNESS

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.

The chief market strategist at $1.3 trillion investing giant reveals the hidden red flag that can signal a recession months in advanceQuincy Krosby, the chief market strategist at Prudential Financial, weighs in on the signals she's watching in preparation for the next recession. Like what is going to happen later this year ?
Source: BusinessInsider - 🏆 729. / 51 Read more »

A $28 billion strategist flags the multi-trillion-dollar roadblock keeping investors from the stock market’s most hidden gems — and explains his strategies to outsmart itMany investors are missing out prized stocks because of this flaw, according to Alger's Brad Neuman.
Source: BusinessInsider - 🏆 729. / 51 Read more »

US Treasury yields move lower as investors await economic dataU.S. government debt prices were higher on Friday morning, as market participants awaited a fresh batch of economic data. Isn’t Trump always telling us how great the economy is?
Source: CNBC - 🏆 12. / 72 Read more »

As worries about populism in Europe rise, investors bet on stock market volatilityInvestors are betting on heightened political uncertainty and greater volatility... Please stop calling Fascists and Racists 'Populists' it puts a veneer of respectability on an evil that doesn't deserve it.
Source: Reuters - 🏆 2. / 97 Read more »

Investors shouldn't get scared by latest market pullback: FederatedOne of Wall Street's biggest bulls suggests the latest market pullback is no fluke. Underthesonindustriesllc is a home and buisness restorations company! We specialize in interiorpainting exteriorpainting TileCleaning CarpetCleaning pressurewashing handyman Call or text 813-764-1521! Free quotes!😁😁 Licensed and insured!!!! Sure they will , say the guys who get paid a point to keep the money flowing! Are you giving financial advice?
Source: CNBC - 🏆 12. / 72 Read more »

Goldman says investors are looking at the wrong bond market indicator and recession is less likelyGoldman Sachs strategists, in a note, said the yield curve has inverted, but in an unusual way, and it's not sending the same powerful recession signal it has in the past. 😂 ThanQ POTUS for giving strength to our economy and stopping the aggressive recession the Leftist Democrats are trying to produce before the 2020 election. Promises Made, Promises Kept. The same bank that’s been embroiled in scandal and fraud is telling people to ignore an indicator with a perfect history...
Source: CNBC - 🏆 12. / 72 Read more »

Emerging-Market Investors Should Fasten Their SeatbeltsSome of the forces behind last year]s emerging-market rout resurfaced this week, a sign of potential turbulence ahead. Blood bath on Monday? 😩
Source: MarketWatch - 🏆 3. / 97 Read more »