There's still potential for market volatility: Strategist
01/23/2024 00:24
Earnings season is crucial for setting the market's tone in 2024. While earnings results appear lackluster compared to previous years, is it still too early for investors to go all in on buying the dip? "There's still potential for volatility here, so it's not too late to wait for a dip to get into the market, and certainly it's not too late to get into the market now if you know that you're going to be investing for the long term," Wells Fargo Investment Institute Investment Strategy Analyst Veronica Willis says to Yahoo Finance. Willis comments on the defensive sectors she is favoring and what she is predicting from the Federal Reserve's interest rate cut timeline. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
Earnings season is crucial for setting the market's tone in 2024. While earnings results appear lackluster compared to previous years, is it still too early for investors to go all in on buying the dip?
"There's still potential for volatility here, so it's not too late to wait for a dip to get into the market, and certainly it's not too late to get into the market now if you know that you're going to be investing for the long term," Wells Fargo Investment Institute Investment Strategy Analyst Veronica Willis says to Yahoo Finance.
Willis comments on the defensive sectors she is favoring and what she is predicting from the Federal Reserve's interest rate cut timeline.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Luke Carberry Mogan.