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'A classic case of climbing the wall of worry'
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Manage episode 244900112 series 1065351
Mike PeQueen of HighTower Las Vegas said that investors are facing a melt-up situation, with the stock market drifting upwards despite bad-news headlines. He noted that whenever the market is showing mixed signals, the bad ones get more media coverage, so he pointed out the market's tailwinds of strong jobs reports, low unemployment, record-low mortgage rates and reasonable gas prices as reasons why there is not likely to be a recession 'now or in 2020.' He did acknowledge that the negative indicators are worth heeding, but noted that investors must 'muddle through' the noise to achieve the market's potential.
99 afleveringen
Gearchiveerde serie ("Inactieve feed" status)
When? This feed was archived on April 07, 2022 07:46 (). Last successful fetch was on May 31, 2021 06:07 ()
Why? Inactieve feed status. Onze servers konden geen geldige podcast feed ononderbroken ophalen.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 244900112 series 1065351
Mike PeQueen of HighTower Las Vegas said that investors are facing a melt-up situation, with the stock market drifting upwards despite bad-news headlines. He noted that whenever the market is showing mixed signals, the bad ones get more media coverage, so he pointed out the market's tailwinds of strong jobs reports, low unemployment, record-low mortgage rates and reasonable gas prices as reasons why there is not likely to be a recession 'now or in 2020.' He did acknowledge that the negative indicators are worth heeding, but noted that investors must 'muddle through' the noise to achieve the market's potential.
99 afleveringen
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