Reported 29 days ago
As the market approaches late 2024, Fundstrat Global Advisors' Mark Newton suggests a significant shift in investor behavior, indicating that bad news will not automatically translate to good news for stocks. Amidst heightened volatility and a recovering Japanese yen, Newton warns that deteriorating economic data might negatively impact stock performances, especially with the Federal Reserve's impending interest rate cuts. He advises investors to be cautious, highlighting September's historically challenging market conditions.
Source: YAHOO