Analyst talks corporate earnings, inflation opportunities, and risks for investors

Sdílet
Vložit
  • čas přidán 5. 06. 2024
  • US Bank Asset Management Group CIO Eric Freedman joins Market Domination to discuss his outlook on equity markets (^DJI, ^IXIC, ^GSPC) as inflation is anticipated to remain high.
    “It’s really that broadening out effect that we think is gonna take hold as we get deeper into this quarter,” Freedman explains. He points to current robust corporate profits and widespread gains from earnings as good indicators for the market.
    Despite inflationary pressures anticipated to accelerate, Freedman isn’t particularly worried. He says he expects inflation to increase at levels that will not cause a significant impact on corporate profits. “With a lot of inflation data coming in next week, there’s a potential for some downward pressure in the very near term,” he adds.
    “We think that owning commodities makes some sense and still owning stocks alongside commodities is a way for clients to be participating in both phenomena,” Freedman tells Yahoo Finance's Josh Lipton and Julie Hyman.
    #youtube #news #yahoofinance
    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

Komentáře • 2