Sustaining the Equity Rally and a Biden-Trump Breakdown
Jun 24, 2024
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Experts Lori Calvasina, Seema Shah, and Tina Fordham discuss market outlook, Fed games, elections in France and the UK, and the Biden-Trump CNN Debate. Topics include equity market correction, GDP forecasts, energy and financial sector investments, UK and French elections impact, and global investing perspectives on big tech companies.
Focus on GDP forecast for 2025 impacting growth vs value stocks.
Consider investing in European and Asian markets for diversification opportunities.
Deep dives
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Market Challenges and Economic Expectations
The market faces challenges due to economic expectations not meeting previous excitement levels. The GDP forecast for 2025 indicates below-trend GDP growth, impacting the trade-off between growth and value stocks.
Investment Strategies Amid Economic Uncertainty
Investors are advised to consider sectors like financials and commodities due to the higher inflation environment. Energy, materials, and private credit present as attractive investment options amidst economic uncertainties.
Global Market Perspectives and Sector Analysis
The global market outlook leans towards the US market being fully valued, prompting investors to explore opportunities in Europe and Asia. Alternative investments such as private equity and private credit are recommended for diversified portfolios.
Bloomberg Surveillance hosted by Tom Keene and Paul SweeneyJune 24th, 2024 Featuring:
Lori Calvasina, Head of US Equity Strategy at RBC Capital Markets, discusses a potential correction and equity market outlook
Seema Shah, Chief Global Strategist for Principal Asset Management, on the Fed and market games
Tina Fordham, founder and geopolitical strategist at Fordham Global Insight, talks elections in France and the UK, Israel, the Biden-Trump CNN Presidential Debate, and other geopolitical topics
Bloomberg's Lisa Mateo with her Newspaper Headlines