Market 'conditions are ripe' for events to spur volatility
02/01/2024 03:50
Following the Federal Reserve's decision to hold interest rates steady between 5.25-5.50%, Wells Fargo Investment Institute Head of Global Fixed Income Strategy Brian Rehling joins Yahoo Finance Live to discuss the announcement, which he regarded "as expected." With markets having recently reached all-time highs, Rehling doesn't see the Fed standing firm on rates as "derailing the overall market momentum," though it may moderate short-term gains. Looking ahead, Rehling suggests investors favor "large-cap [stocks] over small." He anticipates "a bit of a pullback" to occur in the coming months, potentially offering a buying opportunity without a significant correction. Ultimately, Rehling cautions investors that "conditions are ripe" to spur market volatility. 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 Angel Smith
Following the Federal Reserve's decision to hold interest rates steady between 5.25-5.50%, Wells Fargo Investment Institute Head of Global Fixed Income Strategy Brian Rehling joins Yahoo Finance Live to discuss the announcement, which he regarded "as expected."
With markets having recently reached all-time highs, Rehling doesn't see the Fed standing firm on rates as "derailing the overall market momentum," though it may moderate short-term gains.
Looking ahead, Rehling suggests investors favor "large-cap [stocks] over small." He anticipates "a bit of a pullback" to occur in the coming months, potentially offering a buying opportunity without a significant correction. Ultimately, Rehling cautions investors that "conditions are ripe" to spur market volatility.
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 Angel Smith