Reported about 19 hours ago
Michael Darda, Chief Economist at Roth Capital Partners, discusses the current state of the stock market and inflation, describing the recent pullback as a minor correction after two years of gains. He attributes this to high valuations, political uncertainty, and the Fed's pause on interest rates. Darda believes the Fed has managed a historic balancing act by raising rates significantly without causing economic damage, but he warns of underlying issues that could pose risks to the market.
Source: YAHOO