Reported about 1 month ago
As investors grow confident that the US economy will achieve a soft landing, concerns are emerging about the underlying vulnerabilities, including rising unemployment and high earnings expectations. Michael Darda from Roth Capital Partners warns that the current economic indicators might not be as stable as perceived, suggesting potential market corrections ahead, particularly after fluctuations observed in tech stocks and a recent uptick in unemployment rates. With volatility expected to remain high, caution is advised for investors navigating these choppy waters.
Source: YAHOO