The US economy is in a slowdown, not a recession: Strategist
Вставка
- Опубліковано 23 чер 2024
- As Nvidia (NVDA) has fallen from its record highs, Invesco Global Market Strategist Brian Levitt joins Market Domination Overtime to discuss how the market can keep rallying.
"The irony is that when Nvidia was leading or a handful of names were leading, people were bemoaning that to wishing to see, hoping to see a broadening out. So if we do continue to see this broadening out in the market, that's actually a healthier environment. That's a better backdrop," Levitt explains. He says that if the Federal Reserve can normalize the yield curve without going into a recession, it would create a "good backdrop for risk assets."
He adds that he's not worried about a recession: "When I look at the indicators that would suggest to me, if we're having a recession, I would expect to see corporate bond spreads or yields relative to the risk-free rate blowing out banks, tightening lending standards significantly. So we're not seeing that. We're just seeing signs of slowdown in the real economic data."
Levitt emphasizes that the election should not cause market volatility, explaining that he expects markets to continue their trajectory.
#youtube #stockmarket #recession
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: / yahoofinance
Instagram: yahoofinanc...
TikTok: www.tiktok.com/@yahoofinance?...
Facebook: / yahoofinance
LinkedIn: / yahoo-finance
Many stocks already trading like we're in a recession
Most companies and governments by now have already increased our costs and taxes. Thats why sales are down. Not because our economy is slowing. Only companies that can adjust their products to meet today’s demand will keep seeing their products go out the door. Im looking for deals, steep discounts, marketing campaigns that keep me on their website.
I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated.
You need an expert. I'm guided by Adviser Bruce Murdock a widely known consuitant.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Bruce Murdock, for his expertise and exposure to different areas of the market
My colleagues had a good laugh at me when I told them I started my journey with $50k capital and how I accumulated over 6 figures within a span of 7 months. They never believed me until I pulled out my P&L.
I know that learning the ins and outs of the market isn't for everyone, that's why personally, Bruce Murdock oversees my investments.
Without a doubt! Bruce Murdock is a trader who goes above and beyond. he has an exceptional skill for analyzing market movements and spotting profitable opportunities. His strategies are meticulously crafted based on thorough research and years of practical experience
nice! once you hit a big milestone, the next comes easier. How can i reach him, if you don't mind me asking?
A Democrat would say, "Slow down." They will just change the definition of a recession like last year. The reality is that we have been in a recession since this time last year. Economic numbers are being cooked.
PakGolbalGreenshainestarpakistan
This guy seriously needs to go back and study his history as it pertains to economic triggers and their relationship to elections.
Lies, All Lies
Amazing trading strategy🚰