A chief market strategist explains why a recession won't hit anytime soon — and why investors should focus on underperforming sectors right now instead of hot tech stocks
StoneX's Kathryn Rooney Vera believes that investors are prematurely optimistic about rate cuts.She explained why investors should prepare now for a recession by buying underperforming sectors.Federal Reserve's decision to hold interest rates steadyBut according to StoneX's Kathryn Rooney Vera, investors may be getting a little too far ahead of themselves.
In fact, Rooney Vera believes that the US's economy, labor market, and consumer activity are currently too robust to even consider easier monetary policy. Until consumption and wages begin to weaken, inflation isn't likely to trend lower.
For investors with a short time horizon, Rooney Vera recommends looking at the smaller-cap laggards that have yet to play catchup to the artificial intelligence rally.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Ask Amy: When she called him, he denied even having a daughterI say she should forget it and move on.
Leer más »
Forget Everything You’ve Heard, This Is the Sickest Found Footage Horror FilmThis 2005 Japanese movie is one of the subgenre's most underrated.
Leer más »
Ask Amy: Can a rejected daughter move on?Dear Amy: She’s still trying to get a positive response out of him. I told her to forget it and to move on.
Leer más »
This Under-$20 Amazon Hack Is My Secret For Keeping My Dozens of Houseplants Alive While on Summer VacationNever forget about watering your plants again. These watering bulbs from Amazon will quench their thirst for you, even when you're away on vacation.
Leer más »
Jeffrey Katzenberg Tells Joe Biden To Embrace His Age Like Harrison Ford, Mick Jagger – ReportForget about tripping over a sandbag. Jeffrey Katzenberg wants President Joe Biden to act like Mick Jagger. The Wall St. Journal reports movie mogul Katzenberg has joined with other advisers to tel…
Leer más »
Analysts think these stocks in underperforming sectors are due for a comebackWatch these Wall Street underperformers for a potential comeback in the second half of 2023.
Leer más »