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Easing Tariffs, Resilient Consumers & Reasons to Remain Bullish
Manage episode 485237946 series 3645668
Eric Sterner joins Caroline Woods at the NYSE to explain his bullish stance on the market. He says investors need to get past this "cloud of uncertainty" surrounding tariff volatility. He doesn't see a recession this year citing a strong labor market and recent hard data including retail sales. Eric says he'd get more defensive if there is no trade agreement in place by mid-July with China or the E.U. He likes high-yield bonds and the Communications Services sector for current plays in the market.
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4893 episodes
Manage episode 485237946 series 3645668
Eric Sterner joins Caroline Woods at the NYSE to explain his bullish stance on the market. He says investors need to get past this "cloud of uncertainty" surrounding tariff volatility. He doesn't see a recession this year citing a strong labor market and recent hard data including retail sales. Eric says he'd get more defensive if there is no trade agreement in place by mid-July with China or the E.U. He likes high-yield bonds and the Communications Services sector for current plays in the market.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about
4893 episodes
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