Still premature to talk about a dramatic amount of rate cuts coming, says Apollo's Torsten Slok
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- čas přidán 7. 09. 2024
- Torsten Slok, Apollo Global Management chief economist, joins 'Squawk on the Street' to discuss the June's PCE inflation data, impact on the Fed's inflation fight, state of the economy, rate path outlook, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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Well, I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered and I don't know where to go here out of devastation.
@mario-n8t Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
@@latoyia-z3n I have been considering going the same route, could you share more info please on the advisor that guides you.
@@rossie-m2t The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Victoria Carmen Santaella‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
@@latoyia-z3n Thank you for the lead. I searched for her, and I sent her an email. I hope she gets back to me soon.
Funny she doesn't want to hear it... The FED will not be lowering rates anytime before the election. Because it would look partisan also because the economy is still hot
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This comical. The trend is down, period. The world has a whole is not growing, especially China. Cuts are already too late. We need to understand that it takes months for IR cuts to substantially impact the economy.
Rate cuts 2 in 2024 mark it
Now this guy changed his mind?????? 🤣
And he says economy better because market higher lol 😂 Peeps don’t sell stocks to buy hotels rooms. What am idiot
1 cut in November and that's it
That’s it? That’s it for what? This year? Why?
Fed needs to cut rates now. Why are they always late to the party. Can't blame transitory for this failure to act.