15.3 C
New York
Tuesday, November 19, 2024

Markets are blindly expecting the best – but inflation might not cool to the Fed’s 2% target until late 2024, says Federated Hermes’ top stock-picker

Inflation could remain a threat to markets for another two years despite the recent rally in equities, according to Federated Hermes’ top stock picker. Phil Orlando, the investment manager’s chief strategist, said in a recent interview that the bounce in stocks after the October inflation print …

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,477FansLike
396,312FollowersFollow
2,320SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x