CNBC's "Fast Money" Big Tech On Deck, A Transports Warning… And Foreign Money At Risk 4/28/25
Apr 28, 2025
In this discussion, Rebecca Patterson, former chief strategist at Bridgewater, dives into the heightened expectations surrounding big tech earnings and the potential challenges for key players like Google and Amazon. The conversation highlights alarming indicators in the transport sector and bearish sentiments in pharma stocks as they face significant hurdles. Patterson also explores the implications of U.S.-China trade tensions on foreign investment, raising concerns about a potential withdrawal of foreign capital from U.S. assets.
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Episode notes
Hold and Average Into Big Tech
- For long-term investing, maintain at least market weight exposure in tech despite short-term uncertainty.
- Use sell-offs to average into dominant companies aligned with AI growth.
Big Tech Faces Earnings Pressure
- Big tech stocks have had estimates cut and face earnings risks despite recent rallies.
- Investors question demand sustainability and whether current valuations justify stock prices.
Bear Market Rally Insight
- The recent 11% S&P rally fits bear market rally historical norms.
- This rally could just be a pause before a larger downturn occurs.