What market themes that bulls may be missing▼

Business

Published 7d ago

Several events continue to weigh on the US and global economies, including conflicts in the Middle East, high mortgage rates, and a slow-moving Congress.</p> <p>BlackRock Chief Investment Strategist Wei Li joins Yahoo Finance to discuss the recent rally in the stock market, gains in Big Tech stocks, and why investors need to pay closer attention to the market, believing their bullish sentiment to be misguided.</p> <p>Li expects the Fed to begin cutting interest rates in the second half of 2024: &quot;So earlier on, the Fed said that tightening financial condition is doing some of the work for them, but now it&#39;s falling back and actually pushing higher, actually the financial conditions have been loosening so if they were doing some of the work for them before, they&#39;re doing less of the work for them going forward.&quot;</p> Source