Reported 4 months ago
GDS Wealth Management's Glenn Smith discusses the importance of investing in equities as the best opportunity to beat inflation, recommending sectors like financials and energy for investment. Smith highlights JPMorgan Chase as a top bank stock and Halliburton as a solid energy investment despite recent underperformance. He anticipates a potential rate cut in September due to inflation pressures, advising investors to diversify their portfolios and avoid over-concentration in specific sectors leading up to that period.
Source: YAHOO