"The world's second stock god" spicy review of the US stock market correction: in fact, it is a signal of the continued bull market!
Ronan62054
发表于 2024-4-24 12:59:17
1293
0
0
Kenneth Fisher, founder and co chief investment officer of Fisher Investments and billionaire investor, recently stated that the recent stock market sell-off is not a reason for investors to escape the market, but rather a sign that the bull market may further rise.
He pointed out that the recent stock market decline has wiped out half of the previous 10% increase in the S&P 500 index, as investors accepted a hotter than expected March inflation report and postponed the Federal Reserve's rate cut schedule.
According to the CME Federal Reserve Watch tool, the market's expected "first cut" by the Federal Reserve has been postponed from March to September, and there have been repeated compromises on the number of rate cuts, with only one to two expected this year.
Fisher stated that despite deteriorating investor sentiment, the stock market is still rising, and the recent correction is just a small episode in the bull market.
"This is a bull market. The reality is that over the past three weeks, we have more or less directly detached from the top. There is a legend that the bull market ended in sobs, not with a loud bang," he said, distinguishing the sudden drop from historical highs since March from the gradual decline at the beginning of the previous bear market.
Fisher, known as the "world's second stock god", is the son of legendary investor and father of growth stock investment strategy on Wall Street, Philip Fisher, who is on par with Buffett. He is also the founder and CEO of Fisher Investment Company. As of the end of 2023, the company is managing assets worth $236 billion.
Fisher also added that the market is overly "focused" on various catalysts that are detrimental to the stock market, and stated that investors are overly concerned about interest rate cuts and rising inflation. He hinted that high prices in the economy may eventually fall faster than expected.
Prior to this, he had stated that even if the Federal Reserve did not cut interest rates significantly as expected, cooling inflation and strong economic growth in the United States would still be enough to drive the stock market higher.
"Enjoy this bull market, even though the stock market fluctuates from time to time," he added.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Most popular Chinese concept stocks in the US stock market have fallen, while iQiyi has fallen by over 15%
- Vanguard Group warns: US tech stocks severely overvalued, people overly optimistic about AI prospects
- The Dow Jones Industrial Average hits a new high! US stock market rotation reappears: What should investors look for before September interest rate cut?
- Expectations of interest rate cuts may be greatly discounted! Bank of America warns: The biggest risk for US stock market this week will be on Friday
- Overview | Multiple negative factors stimulate a significant correction in Nvidia's stock price
- Global markets: US stocks close higher, three major indexes all rise over 1%, NIO rises nearly 11%
- US stocks close higher: Dow Jones and S&P 500 both hit historic highs, Nasdaq rises 2.51%
- US Steel and US stocks rose over 3% in pre-market trading
- Top 20 US stock transactions: Apple falls nearly 3% due to worrying sales prospects for iPhone 16
- Is Bitcoin's return to $60000 under the 'September Curse' the end or starting point of the bull market?
-
【ゆとりサイクルが始まった!歴史を鑑とする:FED金利調整と大統領選結果には“隠れた関連”があった】データによると、選挙日前に金利が引き上げられた5年間で、大統領やホワイトハウスを支配していた政党が4年連 ...
- 不正经的工程师
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
【トヨタが米国で約4万2000台のカローラCrossをリコール】トヨタ自動車は当時時間9月20日、2022年6月から2024年9月までに生産された一部のカローラCrossハイブリッド車を安全にリコールしていると発表した。リコー ...
- 伍六三
- 昨天 09:38
- 支持
- 反对
- 回复
- 收藏
-
アイルランドのライアン航空のオリーリ最高経営責任者は現地時間9月14日、最近のボーイング社員のストライキが、2025年夏までにライアン社に納入されるボーイング737 MAX機の数に影響を与える可能性があると述べた ...
- rlf2000
- 昨天 20:49
- 支持
- 反对
- 回复
- 收藏
-
インテルは9月19日、イスラエルの自動運転技術会社Mobileyeの大株主として、ビジネスの将来に自信を持っており、現在、同社の株式の多数を切り離す計画はないと発表した。 ...
- hecgdge4
- 3 天前
- 支持
- 反对
- 回复
- 收藏