HomeBusinessHealthcare Industry Stock NewsADI, PEP: Better Days Ahead For Stocks & Bonds

ADI, PEP: Better Days Ahead For Stocks & Bonds

Beyond this year, I see better days for stocks and bonds over the next two years when rates should be lower, notes Kevin Mahn. He discusses how stocks are lower with bank shares under pressure from Moody's downgrade. He talks about how it would be wise to start positioning portfolios in stocks that have reasonable valuations, strong balance sheets, and belong to sectors build to handle a slowdown. He looks at putting the July rally into perspective, as well as market trends to watch. He also goes over some of his stock picks which includes Analog Devices (ADI) and PepsiCo (PEP). He mentions that it's becoming clear that we are near the end of this rate hike cycle and interest rates are forecasted to come down over the next two years. Tune in to find out more about the stock market today.

Trading 360

08 Aug 2023

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