33 min listen
Why Stocks Just Bottomed (Ep. 59)
Why Stocks Just Bottomed (Ep. 59)
ratings:
Length:
41 minutes
Released:
Nov 8, 2023
Format:
Podcast episode
Description
A number of factors and causing the stock market to continue to experience high volatility, causing uncertainty for investors.With October’s correction, are there signs of a market bottom? A potential rally? In the latest episode of Facts vs Feelings, Carsons' Chief Market Strategist, Ryan Detrick & VP, Global Macro Strategist, Sonu Varghese explain why stocks may have just bottomed, despite the market correction and bearish sentiment. Ryan and Sonu discuss their predictions about the S&P 500's gain after the midterm elections, as well as the key factors affecting the labor market, and the significance and economic impact of rising productivity.Ryan and Sonu discuss: The recent market rally, including the Fed's influence, positive job numbers, and historical data on stock market correctionsThe historical trend of the S&P 500 being up on average 14.1% one year after midterm electionsHow the Fed's rate hikes in the past affected the economy and how the current pause in rate hikes is differentAn analysis of the recent jobs report, its impact on interest rates and stock market, and the potential impact of strikes on the numbersThe Sahm Rule and its potential implications for a recessionAn analysis of layoffs and their impact on the overall job market stabilityThe significance of productivity and labor force growth in driving real economic growthAnd more!Connect with Ryan Detrick: LinkedIn: Ryan DetrickConnect with Sonu Varghese: LinkedIn: Sonu Varghese
Released:
Nov 8, 2023
Format:
Podcast episode
Titles in the series (84)
E9: The Next Six Months... by Facts vs Feelings with Ryan Detrick & Sonu Varghese