'A classic case of climbing the wall of worry'

8:56
 
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Manage episode 244900112 series 1065351
بواسطة Collective Wisdom from HighTower’s Global Investment Solutions and HighTower’s Global Investment Solutions، اكتشفه Player FM ومجتمعنا ـ حقوق الطبع والنشر مملوكة للناشر وليس لـPlayer FM، والصوت يبث مباشرة من خوادمه. اضغط زر الاشتراك لمتابعة التحديثات في Player FM، أو ألصق رابط التغذية الراجعة في أي تطبيق بودكاست آخر.

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.

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