7 investments to make while stocks fall 11%: Strategist

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

A veteran chartmaster warns stocks will crash 11% from their peak as the remarkable market rally loses steam — but these 7 investments look destined for further gains

US stocks have defied all odds this year, and the market rally only strengthened in July.Here are seven investments that Keller says can defy a market downturn.

Stocks suffered last year as multi-decade-high inflation caused interest rates to spike, though Keller believes a secondary reason for the losses was anxiety about mid-term elections, which have weighed on stocks in the past. As expected, the S&P 500 rallied after October when that headwind passed, and finished 2022 with a bang.

Keller added:"So our general approach has been, limited upside for stocks after the run that we've had — particularly growth stocks, which have done the lion's share of the gains in the first half of the year."

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 MY
 

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

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines