Small caps, earnings, election uncertainty: Markets in focus

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 39 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 63%

Jeremy Schwartz News

Vice President Kamala Harris,President Joe Biden,Democratic Nominee

President Joe Biden exited from the 2024 presidential race on Sunday, throwing his support behind Vice President Kamala Harris to be the Democratic nominee. ...

President Joe Biden exited from the 2024 presidential race on Sunday, throwing his support behind Vice President Kamala Harris to be the Democratic nominee. WisdomTree Global CIO Jeremy Schwartz joins Market Domination to discuss how markets print in June led to some rotation away from Big Tech toward small caps:"They're the ones who pay the highest taxes. So they're also looking forward to tax policy next year.

It's one of the reasons powering the market higher and then there's the fed, of course, as well, Jeremy.So how are you weighing all of these different, um, potential uncertainties when it comes to the election, when it comes to earnings, which as you say have been coming in pretty well. We talked to other strategist Jeremy recently who said, um you know, when we asked them that question, they said bottom line, they actually think it's an old story that the markets gonna move past the inflation story.Well, after the latest CP I number, uh people have started really factor in that September is the first cut and you know, so if there was a big surprise, the P ce 10 tends to not have a lot of new information from the CP I and the PP I.

 

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

 /  🏆 47. in US

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