Reported 4 months ago
In a discussion on market trends, Julian Emanuel from Evercore ISI highlighted concerns that 'undue speculation' could undermine the current bull run in the stock market. He noted the Federal Reserve's cautious messaging amidst potential rate cuts and macroeconomic uncertainties. While he sees sustainable growth and strong earnings ahead, he warns that excessive speculation and the threat of a recession pose significant risks to market stability.
Source: YAHOO