Bull market still presents 'pockets of opportunity': Strategist

) are trading higher on Thursday morning as the market reacts to the Summary of Economic Projections. Also known as the Fed dot plot, the projections were released following the Federal Open Market Committee's Wednesday meeting. The data revealed that nine of the members believe three interest rate cuts will occur by the year's end.

Despite trading occurring at record highs, Lerner signals there are still many entry points into the market:"We still like tech, we still like communications, we like financials which are at a new high but still well below where they were several years ago. There are pockets of opportunity, the equal weight S&P also just broke out to a new high but didn't do anything for a few years.

The frugal life of Warren Buffett: How the billionaire spends his fortune, from McDonald's breakfasts to a rare and 'indefensible' splurge

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Earnings, not the Fed, are what 'actually matter' right now: StrategistNvidia (NVDA) wrapped up its GTC event on Tuesday with much enthusiasm for the company's new announcements. Wall Street is now turning its focus to the...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Don't start putting new money into the market now: StrategistIs a bubble forming around the stock market (^DJI, ^IXIC, ^GSPC)? And if so, is it about to burst? B. Riley Wealth Management Chief Investment Strategist...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »