David Rosenberg: How investors can play a market in transition

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 80%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

There are opportunities for investors to take advantage of the still-too-rosy assessment from economists and strategists

For now, the economic backdrop can best be characterized as “growing but slowing.” The only real question now is how fast the slowdown is likely to be. This is where we diverge from the consensus.

Economists are projecting growth in excess of potential until at least the end of 2022 , but we think we could be in for a period of below-trend growth as soon as the back half of this year. If we are right in this view, inflationary pressures are going to ease with a lag and disinflationary forces will become more pronounced.Article content

With this in mind, we believe there are opportunities for investors to take advantage of the still-too-rosy assessment from economists and strategists. This view is reinforced by our in-house S&P 500 sector indexes, which very clearly illustrate what is, and what is not, currently working within the equity market. As a reminder, we have four S&P 500 buckets we track: inflation , pro-cyclical and defensive growth (health care, consumer staples, technology.

There are some key elements worth pointing out. Notably, our S&P 500 inflation index peaked in mid-May and is now down nearly 10 per cent. This is exactly the time 10-year Treasury break-even rates peaked. Together, these two dynamics suggest the market is becoming less concerned about inflationary pressures on the horizon.Article content

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 10. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

EconguyRosie The No. 1 economist on Wall Street sees a solid outlook into year-end

EconguyRosie Investment advice from the same guy who very confidently recommended to fight the Fed in 2020 lol.

EconguyRosie Why would I move into a trade that has already worked for almost an entire quarter? Unless you are extrapolating that tech and healthcare outperform for the rest of the year, which would imply 8 months of outperformance…doubtful.

Rosenberg is clueless. From March 2020:

It's getting more and more obvious that the economy is going to crash

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

World stocks generally higher ahead of Fed commentsWorld stocks generally edged higher Friday as investors awaited more guidance on the U.S. Federal Reserve's easing plans.
출처: CP24 - 🏆 30. / 67 더 많은 것을 읽으십시오 »