Mueller: We’re Overdue for a Market Correction, Don’t Overweight Tech
Schwab Network · Schwab Network
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Show Notes
Patrick Mueller says the Fed is always late to the game, and it will be interesting to see if they can cut interest rates without inflation issues. He talks about the holiday spending season and how retailers will navigate a stressed consumer environment. While he compares market concentration to the dot-com bubble, he argues that this time around, the megacaps have “strong earnings.” However, he thinks people should be cautious not to be overweight in tech.
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