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Can't Think Of A Single Reason To Be Bullish In The Short-Term

I can’t think of a single reason to be bullish in the short-term, notes David Stryzewski. He talks about how yields are still rising despite the Fed rate pause. He discusses reasons to be bearish in the short-term. He mentions that consumers are getting squeezed with credit card debt, car leases, mortgages, and insurance. He highlights that the S&P 500 performance has been driven by the Magnificent 7. He outlines how investors can prepare for a recession. He forecasts the future of U.S. inflation. He then goes over his stock pick Exxon Mobil (XOM) and his ETF pick Gold Miner ETF (GDX). Tune in to find out more about the stock market today.

The Watch List

27 Sep 2023

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