Halftime Report Threats to the Momentum Rally 2/19/25
Feb 19, 2025
In this discussion, Kerry Firestone, a market strategist from CNBC, along with investment experts Steve Weiss and Joe Cheranova, tackle the sustainability of the current stock rally. They debate whether momentum is waning while examining strong performances in tech stocks amidst AI advancements. The guests also analyze recent earnings from key players like Salesforce and Adobe, highlight challenges in the housing market, and explore rising global investment trends, especially in regions with greater economic freedoms.
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Episode notes
Fading Rally Momentum
- The market rally's momentum appears to be fading despite reaching a new high.
- Uncertainty about the impact of policy changes is weighing on investor enthusiasm.
Market Instability and Investor Sentiment
- Continued tariff threats and negative economic sentiment create market instability.
- These factors contribute to investor hesitancy and cautiousness.
Weiss Trims Bitcoin
- Steve Weiss trimmed his Bitcoin holdings due to dying momentum.
- He believes market instability and regulatory uncertainty justify this cautious approach.