Expect a Volatile Second Half in 2024

Reported 12 months ago

Gradient Investments portfolio manager Tyler Ellegard predicts a choppy second half of 2024 due to factors like a contentious upcoming election. Despite cautioning against overreliance on large tech stocks, he recommends a diversified portfolio approach, highlighting promising sectors for investment. Ellegard suggests considering energy, healthcare, and industrials while maintaining some exposure to tech giants like Google, Meta, and Amazon. He anticipates potential volatility during earnings season and closely monitors the Fed's actions and inflation trends.

Source: YAHOO

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