Reported about 8 hours ago
Investors are closely watching the upcoming Personal Consumption Expenditures (PCE) report as SEI's chief investment officer Jim Smigiel discusses the economic climate, cautioning that a booming economy paired with monetary stimulus may risk inflation. Despite these concerns, he describes the current market environment as 'reflationary' and advises investors to focus on risk assets, including small-cap stocks and value equities.
Source: YAHOO