"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
1317
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
- Trump concept stocks continued to rise in the US stock market, with Phunware rising by over 16%
- The photovoltaic sector of the US stock market rose sharply ahead of the market, with new energy rising by over 15%
- Trump concept stocks fell in pre-market trading in the US stock market
- US stocks close down: Nasdaq falls more than 2%, large tech stocks generally decline
- New car making force: US stock market sees general gains before trading, Xiaopeng Motors rises by over 5%
- Global markets: US stocks close lower, major tech stocks generally fall, Trump Media Technology Group rises over 12%
- Qualcomm's US stock rose nearly 7% before trading
- Should the Trump deal cool down? Hedge fund expert: US stocks won't rise to the sky!
- Most of the anti epidemic concept stocks in the US stock market fell, while Moderna fell more than 7%
- 6500 points! Wall Street's' former big bears' firmly bullish on US stocks and provide these investment recommendations
-
知名做空机构香橼研究(Citron Research)周四(11月21日)在社交媒体平台X上发布消息称,该公司已决定做空“比特币大户”微策略(Microstrategy)这家公司,并认为该公司已经将自己变身成为一家比特币投资基金 ...
- caffycat
- 12 小时前
- 支持
- 反对
- 回复
- 收藏
-
每经AI快讯,11月20日,文远知行宣布旗下自动驾驶环卫车S6与无人扫路机S1分别在新加坡滨海湾海岸大道与滨海艺术中心正式投入运营。据介绍,这是新加坡首个商业化运营的自动驾驶环卫项目。 ...
- star8699
- 前天 19:48
- 支持
- 反对
- 回复
- 收藏
-
上证报中国证券网讯(记者王子霖)11月20日,斗鱼发布2024年第三季度未经审计的财务报告。本季度斗鱼依托丰富的游戏内容生态,充分发挥主播资源和新业务潜力,持续为用户提供高质量的直播内容及游戏服务,进一步 ...
- goodfriendboy
- 前天 20:09
- 支持
- 反对
- 回复
- 收藏
-
人民网北京11月22日电 (记者栗翘楚、任妍)2024广州车展,在新能源汽车占据“半壁江山”的同时,正加速向智能网联新能源汽车全面过渡,随着“端到端”成为新宠,智能驾驶解决方案成为本届广州车展各大车企竞 ...
- 3233340
- 6 小时前
- 支持
- 反对
- 回复
- 收藏