Riesgo: FOMO Money Still to Hit Markets, Mag 7 "Defensive," Ignore Valuations Short-Term
Schwab Network · Schwab Network
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Show Notes
Ahmed Riesgo offers a bullish perspective on the markets for the near-future. He expects institutions and retail investors alike to a funnel "FOMO money" into stocks on fears of missing out on the next rally. The Mag 7 will grow, says Ahmed, though they'll serve as more defensive stocks as opposed to high-growth plays. He also argues valuations aren't good indicators of stock movement in the short-term.
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