Fast-Money Quants Are at Odds With Fundamental Stock Investors
Money managers who focus on economic growth and the strength of earnings are showing growing doubts about the rally in US stocks.
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Money managers who focus on economic growth and the strength of earnings are showing growing doubts about the rally in US stocks.
PNC Asset Management Chief Investment Officer Amanda Agati tells Bloomberg This Weekend that strong corporate fundamentals and resilient consumer spending could support US stocks as investors head into third-quarter earnings season. Speaking with hosts David Gura and Christina Ruffini, Agati says investors will be watching for evidence that AI investment is generating returns beyond the largest technology companies, while strong US earnings growth keeps her favoring domestic equities over developed international markets. (Source: Bloomberg)
Lithium shares fell as US stocks slipped and yields stayed high. Albemarle lost 3.39% and Chile's SQM 2.36%; Chinese markets reopen on Thursday. The post Lithium ETF Falls 2.2% as Albemarle Drops 3.4% | Lithium, Oct 7 appeared first on The Rio Times.
While the upcoming US midterm election is one of the biggest events left on the marketโs calendar for this year, derivatives pricing indicates traders arenโt expecting especially big moves in stock benchmarks.