The strategist explains why Nvidia's earnings were not able to continue supporting the market rally.

Reported 6 months ago

The article discusses how the market rally couldn't be sustained despite Nvidia's strong earnings, with Seana Smith and Brad Smith interviewing Truist Co-Chief Investment Officer Keith Lerner about the market dynamics. Lerner attributes the muted market reaction to high expectations around Nvidia's earnings and suggests that market focus is now shifting towards anticipating the Fed's actions and looking for disinflationary pressures as the next catalyst for market growth. Despite signs of exuberance in the market, Lerner believes the primary trend remains positive but anticipates a more volatile and choppy period ahead.

Source: YAHOO

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