Reported 4 months ago
Andrew Krei, co-chief investment officer at Crescent Grove Advisors, argues that the recent market volatility is unwarranted, given the fundamental health of the economy. He noted that while traders are anticipating a Federal Reserve interest rate cut, the labor market's slowdown indicates a cooling economy rather than a recession. Krei emphasizes solid corporate earnings and a stable financial market, predicting growth opportunities in sectors outside of technology as interest rates ease.
Source: YAHOO