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Stocks will do well as long as Fed isn't hiking: Strategist

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Jamie Dimon Nyheter

CPI,T. Rowe Price Capital Markets Strategist,Tim Murray

US equities (^DJI, ^IXIC, ^GSPC) are higher intraday on Monday ahead of this week's CPI (Consumer Price Index) inflation print. JPMorgan Chase & Co. (JPM...

Tim Murray, T. Rowe Price Capital Markets Strategist — Multi-Asset Division, discusses the outlook of the stock market as the Fed gradually cuts rates this yearThe Fed"would like to be cutting but they just need some evidence that inflation is going to be continuing to come down. Maybe we do get some surprises there over the next couple of months.

Trump Media CEO Devin Nunes said the parent company of the former president’s Truth Social platform is “well positioned” to turn profitable in response to recent criticism. Fox News host Maria Bartiromo asked Nunes on “Sunday Morning Futures” when he expects the company to turn profitable after recent regulatory filings showed Trump Media & Technology…

Vince McMahon continues to cash out his stock in TKO Group Holdings, the company formed by the merger of WWE and UFC that is majority-owned by Endeavor.

 

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