T. Rowe Price Global Head of Multi-Asset and CIO Sébastien Page joins Market Domination Overtime to discuss possible deeper signs of stress in the market, how investors should position themselves, and why markets are"too focused on the Fed."
When asked how much of his outlook is dependent on the Federal Reserve's policy in the next 12 months, Page says markets react to the Fed"way too much right now.""We're looking at a market that is sensitive to a 0.1% difference in a monthly inflation print," since the Fed is"telling everyone they're going to be data dependent," he tells Yahoo Finance, highlighting that the economic data is"pretty random.
This is the kind of environment where growth is decelerating, but it's still pretty high by pre pandemic standards, and earnings are actually coming up.The VIX index This morning was it had a 11 handle.And so right now I would just stay in the middle. By the way, the value stocks are expected to grow their earnings year over year faster than the growth stocks.
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.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »