Latest / Thoughtful Money with Adam Taggart
Will Coming Week's Inflation & Fed News Cause Markets To Pop Or Drop? | Lance Roberts & Adam Taggart
Stocks remain overbought at current levels and volatility remains low. Portfolio manager Lance Roberts expects markets to tread sideways until next week's CPI data and latest Fed guidance are in. If they show the economy is indeed slowing down faster than expected and/or inflation is moderating, stocks will likely pop as rate cut hopes will be put back on the table. But if not, will markets drop? As Lance notes, valuations and earnings forecasts are now at elevated extremes, and any diminishment to the current optimism could start giving investors the jitters. We discuss these odds, as well…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.