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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Richard Bernstein Advisors CEO is bullish on small capsRichard Bernstein, Richard Bernstein Advisors CEO, joins ‘The Exchange’ to discuss futures for small caps, how the Fed’s next moves could impact the markets, and more.
Persons: Richard Bernstein
Indexes rallied to record highs as investors cheered Wednesday's rate cut from the Fed. Jobless claims reinforced the Fed's message of a strong labor market, with last weeks's claims down 12,000. AdvertisementMajor stock indexes surged to record highs on Thursday, a day after a jumbo rate cut from the Federal Reserve. On Wednesday, the Fed cut interest rates for the first time in four years, slashing its benchmark rate by 50 basis points. The Fed's dot plot shows the central bank will likely cut another 50 basis points this year and 100 basis points next year.
Persons: , Dan Ives, Ives, Jerome Powell, Powell, Richard Bernstein Organizations: Fed . Tech, Nvidia, Meta, Service, Federal Reserve, Dow Jones Industrial, Nasdaq, Broadcom, ASML, Labor Department, Treasury, Fed, Trump Media Locations: Here's
On the positive side, Wharton professor Jeremy Siegel called the decision the "best news" the Fed has offered in years. He said the Fed "moved too fast" with its 50-point cut. This is unusual, since investors will typically snap up these assets after a rate cut. Related storiesSome on Wall Street noted that the Fed's decision to cut beyond 25 basis points was essentially a signal that the central bank is moving past inflation. To Contopoulos point, this may be premature, as August's consumer price index report still stood above the 2% inflation target.
Persons: , Wharton, Jeremy Siegel, Michael Contopoulos, Bernstein, Contopoulos, Powell, Narayana Kocherlakota Organizations: Service, Business, Bernstein Advisors, CNBC, Wall, University of Rochester
Rich Bernstein on rate cuts: The Fed will be 'out of step'
  + stars: | 2024-09-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRich Bernstein on rate cuts: The Fed will be 'out of step'Rich Bernstein, Richard Bernstein Advisors CEO, joins 'Power Lunch' to discuss the broadening of the market and the Fed's next moves.
Persons: Rich Bernstein, Richard Bernstein
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket rotation makes 'fundamental sense,' says Bernstein's Dan SuzukiDan Suzuki, deputy chief investment officer at Richard Bernstein Advisors, joins CNBC's 'The Exchange' to discuss the fundamentals behind the market selloff, how to position, and more.
Persons: Bernstein's Dan Suzuki Dan Suzuki, Richard Bernstein Organizations: Richard, Richard Bernstein Advisors
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMag 7 will be inferior growers by the end of 2024, says Richard BernsteinRichard Bernstein, Richard Bernstein Advisors CEO, joins 'Closing Bell Overtime' to talk Meta earnings and the performance of the Mag 7.
Persons: Richard Bernstein Richard Bernstein, Richard Bernstein
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed needs to calibrate lower rate in response to slowing growth, says Morgan Stanley's Brian WeinsteinRichard Bernstein, CEO and chief investment officer at Richard Bernstein Advisors; Brian Weinstein, head of global markets at Morgan Stanley Investment Management; and CNBC's Steve Liesman join 'The Exchange' to discuss expectations for Fed rate cuts, market outlooks, and more.
Persons: Morgan, Brian Weinstein Richard Bernstein, Richard Bernstein, Brian Weinstein, Steve Liesman Organizations: Fed, Richard, Richard Bernstein Advisors, Morgan Stanley Investment Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Brian Weinstein, Richard Bernstein, & Steve LiesmanRichard Bernstein, CEO and chief investment officer at Richard Bernstein Advisors; Brian Weinstein, head of global markets at Morgan Stanley Investment Management; and CNBC's Steve Liesman join 'The Exchange' to discuss expectations for Fed rate cuts, market outlooks, and more.
Persons: Brian Weinstein, Richard Bernstein, Steve Liesman Richard Bernstein, Steve Liesman Organizations: Richard, Richard Bernstein Advisors, Morgan Stanley Investment Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLook to areas driving acceleration like emerging markets and small caps: Richard Bernstein's SuzukiAdam Crisafulli, Vital Knowledge founder, and Dan Suzuki, Richard Bernstein Advisors deputy CIO, joins 'Closing Bell Overtime' to talk the day's market action.
Persons: Richard Bernstein's Suzuki Adam Crisafulli, Dan Suzuki, Richard Bernstein Organizations: Vital Knowledge
He's steering clear of Big Tech stocks, and for now he's only bullish on "dull, boring, and predictable" names. Tech stocks now account for highest portion of the S&P 500 since the early 2000s, according to an analysis from Société Générale. AdvertisementAnother risk to stocks lies in interest rates, Blain said, as borrowing costs look poised to stay higher for longer. "There is an awful lot of people in the financial markets who just don't understand that zero interest rates and ultra-low interest rates are not normal," Blain added. AdvertisementThe final risk Blain is eyeing is the upcoming presidential election, which contains a handful of uncertainties that could batter stocks, Blain said.
Persons: Bill Blain, Blain isn't, , that's, Blain, Biden, he's, Générale, John Hussman, I've, eyeing, We've, Morgan Stanley, Stifel, Richard Bernstein Organizations: Big Tech, Service, China, Nasdaq, Tech, stoke, Richard Bernstein Advisors
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarnings more of a 'critical factor' to market than election, says Dan SuzukiDan Suzuki, deputy CIO at Richard Bernstein Advisors, and Chris Senyek, chief investment strategist at Wolfe Research, join CNBC's 'Power Lunch' to discuss how to position amid political uncertainty, market outlooks, and more.
Persons: Dan Suzuki Dan Suzuki, Bernstein, Chris Senyek Organizations: Bernstein Advisors, Wolfe Research
How to position your portfolio
  + stars: | 2024-07-08 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow to position your portfolioRichard Bernstein, Richard Bernstein Advisors CEO, joins 'Power Lunch' to discuss markets, the Fed, and the 'Magnificent 7'.
Persons: Richard Bernstein
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed Chair Powell has pulled off a soft landing, says Bowersock's Emily HillEmily Hill, Bowersock Capital Partners founding partner and Richard Bernstein, Richard Bernstein Advisors CEO, joins 'Closing Bell Overtime' to talk the day's market action.
Persons: Powell, Emily Hill Emily Hill, Richard Bernstein Organizations: Bowersock Capital Partners
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market is bifurcated between Mag 7 and 'everything else,' says Richard BernsteinRichard Bernstein, Richard Bernstein Advisors CEO & CIO, joins CNBC's 'The Exchange' to discuss market outlooks, how to position, and more.
Persons: Richard Bernstein Richard Bernstein, Richard Bernstein
Watch CNBC's full interview with Richard Bernstein Advisors CEO
  + stars: | 2024-06-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Richard Bernstein Advisors CEORichard Bernstein, Richard Bernstein Advisors CEO & CIO, joins CNBC's 'The Exchange' to discuss market outlooks, how to position, and more.
Persons: Richard Bernstein
Here's what five forecasters have to say about the latest rally — and why they think the stock market is headed for a fall. In 2009, he wrote a book predicting a stock market crash and ensuing economic depression, which he said could last for 10 years or more. The research firm is predicting the S&P 500 could see a steep correction following a rally to 6,500. Yet, that could end up being an excellent opportunity for investors who are diversified in other areas of the market, Bernstein said. AdvertisementTypically, there are eight warning signs of a market bubble forming, and six of them have already flashed, the bank said.
Persons: Stocks, , haven't, Harry Dent Stocks, Harry Dent, Dent, John Higgins, Higgins, John Hussman, Hussman, Richard Bernstein, Bernstein Organizations: Service, Nasdaq, Apple, Nvidia, Fox Business Network, Stocks, Capital Economics, John Hussman Elite, UBS
The first half of the year has generally been good for the market, with the S & P 500 and the Nasdaq repeatedly reaching record highs. Year-to-date, the S & P 500 is up around 13% and the Nasdaq has risen 14.9%. Against that uncertain backdrop, investors might be looking at exchange-traded funds or mutual funds to diversify their investments. Morningstar provided the list of top-performing funds, which all beat the S & P 500. Using FactSet, that list was screened for funds that analysts give 10% or more upside, and that at least half give a buy rating.
Persons: Thomas Poullaouec, Rowe Price, Ed Clissold, Ned Davis, Morningstar, Richard Bernstein Organizations: Nasdaq, U.S . Federal Reserve, Ned, Ned Davis Research, CNBC Pro, Copper Miners, X Copper Miners, Industrial, Richard Bernstein Advisors Locations: Asia, Pacific, U.S, Turkey
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe rebound market still has room to run, says Richard Bernstein's Dan SuzukiDan Suzuki, Richard Bernstein Advisors deputy CIO, joins CNBC's 'The Exchange' to discuss stocks' current rally, sectors with the most opportunity, and more.
Persons: Richard Bernstein's Dan Suzuki Dan Suzuki, Richard Bernstein
Prices in the US could keep going up if the US doesn't "reindustrialize" its economy, Richard Bernstein said. The US has a "massive" trade deficit at a time when world trade is becoming fragmented, he noted. AdvertisementInflation will climb higher if the US economy doesn't reindustrialize its economy, according to investment manager Richard Bernstein. World trade has become more fragmented since the pandemic, and rising geopolitical tensions are a sign that the trend is continuing, he said. If it doesn't … we're going to have tremendous inflation here in the United States," Bernstein said to CNBC on Monday.
Persons: Richard Bernstein, , Bernstein, Ken Griffin Organizations: US, Service, Commerce Department, CNBC, JPMorgan Locations: United States, America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe 'reindustrialization' of America is a key theme for economic recovery, says Rich BernsteinRich Bernstein, Richard Bernstein Advisors CEO, joins 'Power Lunch' to discuss markets, American industrialization and shifting away from globalization.
Persons: Rich Bernstein Rich Bernstein, Richard Bernstein
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market needs to price in the possibility of more rate hikes: Richard Bernstein's ContopoulosMichael Contopoulos, Richard Bernstein Advisors, joins the 'Fast Money' table to talk the FOMC's rate decision today, the state of the economy, if stagflation is a problem right now, and more.
Persons: Richard Bernstein's Contopoulos Michael Contopoulos, Richard Bernstein, stagflation Organizations: Richard Bernstein Advisors
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarnings growth will continue to be a windfall for investors, says Richard Bernstein's Dan SuzukiDan Suzuki, Richard Bernstein Advisors deputy CIO, joins 'Power Lunch' to discuss the state of the market and earnings.
Persons: Richard Bernstein's Dan Suzuki Dan Suzuki, Richard Bernstein
The "US industrial renaissance" will be the top investment theme of the coming decade, Richard Bernstein Advisors said. The trend of American companies shifting away from dependence on foreign labor and supply chains should dominate investment strategies in the coming decades the firm said. "The market is already rewarding the beneficiaries of this capital reallocation, but we expect years, if not decades, of further performance from this critical investment theme," RBA president Richard Bernstein said in a note this week. For the US, that means big investment in infrastructure on manufacturing will be needed in the coming years as the world reorients. "The market has already recognized the re-industrialization investment theme despite investors' myopia with respect to more exciting technology-related themes, like artificial intelligence.
Persons: Richard Bernstein, Overreliance, Bernstein, Organizations: Richard Bernstein Advisors, Service, Republicans Locations: America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed's unlikely to cut interest rates this year, says Richard Bernstein Advisors CEORichard Bernstein, Richard Bernstein Advisors CEO & CIO, joins 'Power Lunch' to discuss what matters more to the markets, the Fed's next moves, and more.
Persons: Richard Bernstein
Watch CNBC’s full interview with Richard Bernstein
  + stars: | 2024-02-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Richard BernsteinRichard Bernstein, Richard Bernstein Advisors CEO & CIO, joins 'Power Lunch' to discuss finding opportunities outside of the 'Magnificent 7'.
Persons: Richard Bernstein Richard Bernstein, Richard Bernstein
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