Sunday, September 15, 2019

Fed is letting markets lead it to a rate cut, says strategist

Sept. 15, 2019

Introduction


It is my drill to learn how to invest. I like to watch a video and take some notes, and look into how I should follow up with some research, fully understand the topics in the talk.

4 minutes video


Here is the link.

Charles Bobrinskoy, vice chairman of Ariel Investments, and Alicia Levine of BNY Mellon Investment Management, joins CNBC's "The Exchange" team to discuss how markets are trading and whether the Federal Reserve should cut interest rates.

Charles Bobrinskov - Ariel investments vice chmn.


Bobrinskov  on markets

The general consensus on earnings & the global economy is too pessimistic
At this point, cyclical stock are much cheaper than "safe" ones

NASDAQ dipping in and out of negative territory

RUSSELL 2000 struggling to exit correction territory

Alicia Levine
BNY Mellon investment mgmt.

Levine on markets

The market is in a liquidity-fueled rally, but fundamentals need to stabilize to prevent bubbles.

Earnings estimates have trickled lower on trade tensions.

S&P tech sector hits new all-time high


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