Solus' Dan Greenhaus expects the Fed meeting will put a dampening on the market
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- เผยแพร่เมื่อ 28 เม.ย. 2024
- Dan Greenhaus, Solus Alternative Asset Management chief strategist, joins 'Closing Bell' to discuss markets, the Fed, and his market outlook.
We all know stocks are not the economy, I had 250k put aside waiting for the fed to stop raising rates. Now I want to get back into the markets, but the ‘pause’ might continue and stocks will still climb/fall, I’m confused on how to strategise and happy to discuss.
The stock market will go down and goodluck on the fed pausing rate hikes w/ all the hawkishness that has failed to keep up with inflation.
If the unemployment rate is able to remain steady while the Fed hikes and inflation falls back to target, a soft landing might be on the table
Don’t expect a soft landing. We know inflation still far from its 2% destination - the FOMC didn’t raise rates now, we can never fortell their moves these days
Fixed income Tbills and bonds may work for you while you try to figure out the next entry point for stocks
I agree It’s always good to have a balanced fin-plan. I work with a professional planner multi mrkt and fixed-income strategist in NY. the fixed income portion of your portfolio won’t simply serve as a buffer to the volatility of the equity portion of your portfolio, but will provide legitimate income.
Dampener = sideways. Yet another "stocks will go up, stocks will go down". At least guys like Tom Lee always have conviction in direction
Wait until market figures out no rate cuts, probable rate hikes. Fun times Ridgemont High.
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My Bank took their high interest savings rate from 6% to %1.7%. LOL, they are losing all their deposits.
first part of May sideways, then heading higher when buyback window opens back up.
Most people are wrong always
Sell in May, go away. Going down on Wednesday with a hawkish Powell for sure with the risk of stagflation on the horizon.
Horizon? Stagflation is here man. I lived through it before. It's brutal.
@weirdshibainu I agree with you 100%, anyone paying for fuel, rent and groceries at the moment knows what's going on. My comment was aimed at mainstream media followers who haven't accepted yet what's coming.
I want markets to go up like everyone else, but given there was approximately 47 years between the Great Depression and the stagflation in the 70s, adding another 47 years puts us due in 2023/24 for another big market meltdown and decade long sideways or down market event, which is looking ever increasingly likely between stagflation, potential rate hikes and geopolitical tensions spiking the price of oil higher and higher.
Buy in May & go away this year. You mustn't have recieved the memo., son.
This guy is clueless and is talking from both sides of his mouth!! 🙄🙄😂
4 days later he was wrong.