Oppenheimer Chief Investment Strategist John Stoltzfus joins Yahoo Finance to analyze market reactions following numerous hot inflation prints this week.
Stoltzfus says the volatility reflects "pushback" against premature interest rate cut hopes after the Federal Reserve's hawkish messaging. He notes the Fed has been "remarkably gentle" in lifting rates, aiming to cool inflation without sparking a recession. Given this gradual approach of eleven hikes and five pauses, Stoltzfus says mixed market reactions are "not surprising."
Despite the turbulence, Stoltzfus points out there is substantial money still invested in equities from both institutional and individual investors. Markets stay stimulated with "a lot of money floating around," Stoltzfus explains.
About Yahoo Finance:
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Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
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Stoltzfus says the volatility reflects "pushback" against premature interest rate cut hopes after the Federal Reserve's hawkish messaging. He notes the Fed has been "remarkably gentle" in lifting rates, aiming to cool inflation without sparking a recession. Given this gradual approach of eleven hikes and five pauses, Stoltzfus says mixed market reactions are "not surprising."
Despite the turbulence, Stoltzfus points out there is substantial money still invested in equities from both institutional and individual investors. Markets stay stimulated with "a lot of money floating around," Stoltzfus explains.
About Yahoo Finance:
#youtube #stockmarket #yahoofinance
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
