News Formal

Don't trust the stock market rally — nothing fundamental has changed, strategist says

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 59%

United States News News

United States United States Latest News,United States United States Headlines

There remains a significant chance that the Fed will be pushed into another rate hike, one strategist warns.

Salman Ahmed, global head of macro and strategic asset allocation at Fidelity International, told CNBC's"Squawk Box Europe" he doesn't trust the current equity rally because fundamentals around higher-for-longer interest rates have not changed.

LONDON — Stocks are heading for a bumper week, but there are many reasons to be wary, one strategist warned on Friday.

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:

 /  🏆 319. in US
 

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

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: Dow ends higher as Treasury yields dive after Fed pauses againStock Market Today: Dow ends higher as Treasury yields dive after Fed pauses again
Source: Investingcom - 🏆 450. / 53 Read more »