What's In The Fed's Bag This Christmas
In this article, I examine the effect of the Fed’s actions on major markets and provide a near-term (1-2 quarters) market outlook.
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In this article, I examine the effect of the Fed’s actions on major markets and provide a near-term (1-2 quarters) market outlook.
By Roman Chuyan, CFA, Chief Investment Officer, Model Capital Management LLC Some observers agree that the bubble will burst, but timing is harder to determine. Rising inflation and interest rates are the reasons the end is near, in Model Capital’s view. Our Equity and Short-Term Risk models continue with Sell signals, dictating defensive positioning. Stocks continued to rise this year, taking the market to an even-more-extreme valuation. It’s a bubble; there’s no other way to describe it. What will happen, and when? The first question is much easier to answer than the second. All bub...