Reported about 2 months ago
Liz Young Thomas, SoFi's head of investment strategy, discusses the current market dynamics, highlighting that while the bull market may have room to grow, earnings expectations could see normalization amid macroeconomic challenges. She notes that despite signs of economic stability, there's uncertainty caused by upcoming elections, and the volatility in Fed policy may impact investor sentiment. Young Thomas predicts that earnings growth may not be as strong as in previous periods as normalization occurs across various economic factors.
Source: YAHOO