Fed is not going to raise rates again, Bahnsen CIO says

With a slew of tech earnings arriving this week and inflation remaining stubborn, many on Wall Street are focused on the "Magnificent Seven" - Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGL), NVIDIA (NVDA), Meta (META), Microsoft (MSFT), and Tesla (TSLA) - which have driven rallies in the past.
The Bahnsen Group CIO David Bahnsen joins Market Domination to give insight into the recent slate of earnings and how the tech sector is evolving beyond previous top names.
Bahnsen discusses the problem with investors relying on high valuations as a standard: "High volatility is a byproduct of a high multiple that is totally disconnected from reality. So expensive stocks get more expensive until they don't. But it's impossible to gauge, judge, and certainly time. But you saw already this year earnings season, Facebook just getting ripped apart yesterday and yet Google rallying today. The Mag Seven is over. It doesn't exist as a monolith anymore. "
#news #youtube #investing
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[@wt3447]

That story seems to be a rumor for political reasons.

[@invisiblesun6595]

Well, whatever helps the market and investors sleep at night. Meanwhile April's CPI report will reflect more inflation due to those minimum wage hikes. Then Feds will raise interest rates...again. Deal with it😎

[@RobertLewandowski-vi6mq]

You gas light me and March 2025