STORY: “I actually am skeptical that the financial system goes to have the ability to climate the storm from a number of the tariff state of affairs and due to this fact that’s actually the crux of my argument and why I feel the financial system can battle a bit of bit in right here,” provides Brigati. “So I do anticipate us to revisit some lower cost factors for the S&P 500 and the fairness market.”
He additionally would not see a lot upside from the place shares at the moment commerce.
“Now, we’re someplace round 5600 on the S&P 500,” he mentioned. “I feel that is an OK place to be, however I nonetheless assume it is comparatively totally valued.”
Source link