Reported about 1 month ago
In a recent discussion, strategist Liz Young Thomas expressed caution regarding claims of a secured soft landing for the economy, highlighting concerns over current labor market weakness. While the Fed's anticipated rate cuts could favor certain market sectors like small caps and financials, she emphasizes the need for caution, suggesting investors maintain some exposure to areas benefiting from a steep yield curve, such as gold. With the upcoming jobs report, she warns that if data is cooler than expected, mega-cap stocks may face a sell-off.
Source: YAHOO