Thursday, July 25, 2024
HomeStock MarketNewEdge’s Cameron Dawson: CPI Report Rules Out Fed Rate Hike Today

NewEdge’s Cameron Dawson: CPI Report Rules Out Fed Rate Hike Today

Welcome to the world of finance where numbers and predictions can make or break your portfolio. In the latest episode of CNBC’s Post 9, Josh and Cameron dive into the current market trends and whether it’s time to get more bullish.

Josh, a CNBC contributor, is excited about the new records being set by all the major averages. He points out that the economy is showing signs of growth with healthy job markets and consumer spending. With prices in the economy moderating and no signs of defaults, it seems like the perfect time to be bullish.

Cameron chimes in, highlighting the tailwinds of momentum and liquidity that are supporting the market. With the Federal Reserve tapering and treasury liquidity in place, along with fiscal stimulus, the market is in a good position to continue its upward trajectory.

But the big question remains – is it time to get to 5600? Brian Bsky certainly thinks so, raising his price target to the highest on the street. With momentum continuing and people reallocating back into stocks, it seems like the market is poised for even more growth.

As Josh and Cameron discuss the potential for reaching peak valuations, it’s clear that investors need to stay vigilant and reassess their risk positions. With the market hitting all-time highs, it’s important to stay ahead of the curve and make informed decisions.

So, whether you’re a seasoned investor or just starting out, now is the time to pay attention to the numbers and trends. With the market showing signs of strength, it’s time to welcome in Josh and Cameron and see where the future of finance will take us.

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