Closing Bell Closing Bell: Taking Advantage of Tailwinds? 11/27/24
Nov 27, 2024
Adam Parker, founder of Trivariate Research and CNBC contributor, shares his insights on market forecasts and investment strategies. He discusses how the market can leverage holiday tailwinds despite current volatility in tech stocks. The conversation also covers navigating complex market conditions, the influence of AI, and alternative investment strategies amidst evolving macroeconomic landscapes. Additionally, Laurie Goodman from Jefferies highlights opportunities outside stocks and bonds, while Brian Nagel addresses the critical stakes for retail stocks this holiday season.
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2025 Market Consensus
- The 2025 market consensus predicts 10% growth, above-trend economy, and lower yields.
- This positive outlook, shared by previously negative strategists, raises contrarian concerns.
Market Rotation
- The market is rotating, favoring laggards like financials and cyclicals over tech and big winners.
- Only a few of the top-performing stocks and year-to-date winners are currently showing gains.
Sector Preferences
- Consider shifting from software to semiconductors due to the latter's resilience to disruption.
- Favor alternative asset managers over regional banks within financials due to M&A potential.