The market is saying there's no 'growth problem': Strategist

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Keith Lerner News

Economic Growth,Growth Trajectory,Market Domination

Despite Thursday's weaker-than-expected GDP figure, which hinted at a slowing economy, Truist Co-Chief Investment Officer and Chief Market Strategist Keith...

which hinted at a slowing economy, Truist Co-Chief Investment Officer and Chief Market Strategist Keith Lerner joins Market Domination to explain why this number doesn't accurately reflect the economy's growth trajectory.

On the inflation front, Lerner acknowledges that he had anticipated a post-pandemic economic slowdown. However, even with solid growth, he remains optimistic that inflation can be brought down to the 2% target. Addressing concerns about stagflation, he states,"It's a risk, not our base case.") sectors as evidence that"the market is telling you that we don't have a growth problem at this point.

The company recently attempted to fend off short sellers by advising investors on ways to prevent their shares from being loaned for short-interest positions. ARK has long counted Tesla as one of its top holdings, but its more than 40% decline year-to-date has weighed heavily on the performance.3 Magnificent Stocks That Have Created Many Millionaires, and Will Continue to Make More

 

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