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The Fed Is Essentially Done Raising Key Interest Rates, What Is Next?
Released on Wednesday, February 8, 2023•STOCKS
The good news is the Fed on February 1st admitted that they are nearing the end of the interest rate hikes. The bad news is the Fed killed the housing market, retail sales, manufacturing activity, and the service sector. The bad economic news caused Treasury yields to fizzle .The Fed never fights market rates. Looking forward, the S&P 500's earnings bottomed and are expected to improve, but Louis expects a very narrow stock market (Top 15%) moving forward. He will share his favorite A-rated stocks.
Louis Navellier is one of Wall Street's renowned growth investment advisors. He is the founder and chairman of Navellier & Associates, a money management firm. Mr. Navellier specializes in behavioral finance and utilizes extensive quantitative and fundamental analysis to identify market-beating stocks. He is the editor of five investing newsletters which are published through InvestorPlace, which include Growth Investor and Breakthrough Stocks (Formerly known as MPT Review). Mr. Navellier has made his proven formula accessible to investors via his online stock rating tool, PortfolioGrader.com, and The Little Book That Makes You Rich.
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