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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailForecasts of a recession have been way off mark, says Jefferies David ZervosDavid Zervos, Jefferies Chief Market Strategist and Michael Contopoulos, Richard Bernstein Advisors Director of Fixed Income, join 'Closing Bell Overtime' to talk the day's market action and today's slate of earnings.
Persons: Jefferies David Zervos David Zervos, Michael Contopoulos, Richard Bernstein Organizations: Jefferies
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBetter places to take risks in equities than tech stocks, says Richard Bernstein's Dan SuzukiDan Suzuki, deputy chief investment officer at Richard Bernstein advisors, joins 'Squawk on the Street' to discuss why the dominance in tech stocks is unsustainable, if there's fragility to this equity rally, and more.
Persons: Richard Bernstein's Dan Suzuki Dan Suzuki, Richard Bernstein
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe tech and growth trade isn't over but we may see a pullback, says BD8's Barbara DoranRich Bernstein, Richard Bernstein Advisors CEO and Barbara Doran, BD8 Capital CEO, joins 'Closing Bell Overtime' to talk the day's market action, the most recent slate of earnings and more.
Persons: Barbara Doran Rich Bernstein, Richard Bernstein, Barbara Doran Organizations: BD8 Capital
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe have to separate A.I. story from the investment opportunity, says CEO Richard BernsteinRichard Bernstein, Richard Bernstein Advisors CEO, joins 'Squawk on the Street' to discuss rising Treasury yields, strategies for investing in AI stocks, and how a strong dollar could hurt international investment returns.
Persons: Richard Bernstein Richard Bernstein, Richard Bernstein
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed looks likely to raise rates longer than anyone expects, says Richard BernsteinRichard Bernstein, Richard Bernstein Advisors CEO and Courtney Rosenberger, Strategas managing director, joins 'Power Lunch' to discuss Bidenomics and the market.
Persons: Richard Bernstein Richard Bernstein, Richard Bernstein, Courtney Rosenberger
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTreasurys are very attractive, says Richard Bernstein's Dan SuzukiDan Suzuki, deputy chief investment officer at Richard Bernstein advisors, joins 'Power Lunch' to discuss the state of markets and the economy.
Persons: Richard Bernstein's Dan Suzuki Dan Suzuki, Richard Bernstein
Behold Wall Street's new bull market, maybe
  + stars: | 2023-06-08 | by ( Chuck Mikolajczak | ) www.reuters.com   time to read: +3 min
Part of the uncertainty is that there is no set definition of a bull or bear market, or any sort of regulatory body that declares one, such as the National Bureau of Economic Research (NBER) does with recessions. The most commonly accepted definition is a 20% rise off a low for a bull market and a 20% decline from a high for a bear market, but even that is open to interpretation. "I just think it was a blip within a longer-term bear market." "Certainly it's a bull market in big-cap technology. I wouldn't call it a bull market in a broad market sense, because there are only certain stocks that are really in what we would call bull market territory, and it's just not a broad enough move to call it a sustainable bull market," said Tim Ghriskey, senior portfolio strategist Ingalls & Snyder in New York.
Persons: Howard Silverblatt, Dow, Silverblatt, Sam Stovall, Stovall, Dan Suzuki, Richard Bernstein, Suzuki, it's, Tim Ghriskey, Ingalls, Snyder, Ned Davis, Chuck Mikolajczak, Noel Randewich, Lewis Organizations: YORK, National Bureau of Economic Research, Reuters Graphics Reuters, Dow Jones, Richard, Richard Bernstein Advisors, Nvidia, Ned Davis Research, Thomson Locations: New York
The new bull market won't take off until three things improve, RBA said. The firm pointed to the importance of profits, liquidity, and sentiment when evaluating bull markets. Stocks won't begin a bullish trajectory until at least one of those factors improves, the firm added. Those gains have led some commentators to call the start of a new bull market — but that likely isn't the case until key catalysts show improvement, RBA said. "While it is certainly possible for this rally to evolve into a full-fledged bull market, historical precedent suggests it is far from a foregone conclusion," RBA's deputy chief investment officer Dan Suzuki said in a report on Monday.
Persons: RBA, , Richard Bernstein, RBA's, Dan Suzuki Organizations: Stocks, Service, Richard Bernstein Advisors, JPMorgan
A major ETF firm provider is betting the artificial intelligence boom is just starting. Roundhill Investments launched the Generative AI & Technology ETF (CHAT) less than 20 days ago. It's the first-ever exchange-traded fund designed to track companies involved in generative AI and other related technologies. Mazza notes the fund includes not just pure play AI companies like C3.ai but also large-cap tech companies such as Microsoft and AI chipmaker Nvidia . His bullish forecast comes amid concerns AI is a price bubble that will pop and take down the Big Tech rally.
Persons: Dave Mazza, Richard Bernstein, Dan Suzuki —, Organizations: Roundhill Investments, Technology, Microsoft, Nvidia, Big Tech, Richard Bernstein Advisors
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors shouldn't focus on the composition of market leadership, says Richard Bernstein's SuzukiDan Suzuki, deputy chief investment officer at Richard Bernstein Advisors, joins 'Squawk on the Street' to discuss why the market's performance mirrors last year's image, how Suzuki would counsel investors right now, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOpportunities outside mega caps look extraordinary right now, says Richard BernsteinRichard Bernstein, CEO and chief investment officer of Richard Bernstein Advisors, Dan Clifton, Strategas Head of Policy Research, and CNBC's Kayla Tausche join 'The Exchange' to discuss bullish investment in international equities, the looming debt ceiling default, and China's recovery story.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket response to debt ceiling debate depends on investors' time horizons, says Dan SuzukiDan Suzuki, deputy chief investment officer at Richard Bernstein advisors, Bill Stone, chief investment officer at the Glenview Trust Company, joins 'The Exchange' to discuss investing protocol when facing debt ceiling concerns, Warren Buffett's stock playbook, and current stock opportunities.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Richard Bernstein's Dan Suzuki and Glenview Trust's Bill StoneDan Suzuki, deputy chief investment officer at Richard Bernstein advisors, Bill Stone, chief investment officer at the Glenview Trust Company, joins 'The Exchange' to discuss investing protocol when facing debt ceiling concerns, Warren Buffett's stock playbook, and current stock opportunities.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOnly looking at mega-cap stocks for growth is an 'extremely bearish outlook', says Richard BernsteinRon Insana, Contrast Capital Partners co-CEO and CNBC contributor, and Rich Bernstein, Richard Bernstein Advisors CEO and CIO, join 'Power Lunch' to discuss current market conditions and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe broader financial system still looks pretty robust, says Jefferies' David ZervosDavid Zervos, Jefferies chief market strategist, and Richard Bernstein, CEO at Richard Bernstein Advisors, join 'Closing Bell Overtime' to discuss financial system health, the potential start of a new bull market, and speculative fervor contributing to market highs.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Jefferies' David Zervos and Richard Bernstein Advisor CEODavid Zervos, Jefferies chief market strategist, and Richard Bernstein, CEO at Richard Bernstein Advisors, join 'Closing Bell Overtime' to discuss financial system health, the potential start of a new bull market, and speculative fervor contributing to market highs.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect economic growth slowdown to hit earnings season, says Dan SuzukiDan Suzuki, Richard Bernstein Advisors, joins CNBC's "Fast Money" to discuss the tech trade and whether there's a bubble in the space.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPull plug on big tech? Top investor Dan Suzuki warns nasdaq 100 bubble will resume deflating in Q2Dan Suzuki, Richard Bernstein Advisors Deputy Chief Investment Officer, joins 'Fast Money' to discuss the risk to tech and the Nasdaq with CNBC's Sara Eisen and the Fast Money traders.
From the central bank's latest rate hike to new developments in the ongoing bank crisis, a lot has happened in my absence. And all the while, Jerome Powell's favorite bond-market indicator is quietly telling us that a recession is all but guaranteed this year. Talk of basis points, yield spreads, and other market jargon is obscuring the key message here: Markets think a recession is guaranteed in 2023. How much credence as a recession signal do you give the bond market indicator? He said the current bank crisis isn't a redux of that era, or even of 2008.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed dilemma right now is whether to fight or fuel inflation, says Richard BernsteinRichard Bernstein, CEO and chief investment officer of Richard Bernstein Advisors, joins 'Power Lunch' to discuss forces that drive valuations, the growing speculation bubble and what stocks work in the current economic environment.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMaking sense of the market's reaction to Powell's Senate testimonyMichael Contopoulos, Richard Bernstein Advisors director of fixed income, discusses Powell's Senate testimony today. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Steve Grasso, Guy Adami and Bonawyn Eison.
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' Dan SuzukiDan Suzuki, deputy CIO and chairman of the investment committee at Richard Bernstein Advisors, and CNBC's Dom Chu join 'The Exchange' to discuss today's market activity, bubbles in the equity market and fundamental market drivers.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFuture market leaders are in international, small cap and value stocks, says Richard Bernstein's Dan SuzukiDan Suzuki, the deputy CIO and chairman of the investment committee at Richard Bernstein Advisors, and CNBC's Dom Chu join 'The Exchange' to discuss today's market activity, bubbles in the equity market and fundamental market drivers.
But remember, a strong consumer means high demand, which helps inflation stick around. Higher-for-longer rate hikes don't bode well for the stock market. In JPMorgan's view, the stock market has yet to come to terms with that possibility. (It's worth noting that just a couple months ago, markets were expecting interest rate cuts by late 2023.) The stock market bubble has burst and those betting on a rebound are in denial, according to Richard Bernstein Advisors.
March is most often a positive month for the stock market, but this year it may bring more of the same turbulence that rattled investors in February. March is the fifth-best month for the S & P 500, according to CFRA data going back to 1945. 'Rockier' than thought "I think it's going to be rockier than people think," said Richard Bernstein, CEO of Richard Bernstein Advisors. "From our perspective, I think investors should be positioned that inflation is going to be tougher for the Fed to fight than people think," he said. "In the second half of the year, investors are going to come to grips with weakening earnings," said Bernstein.
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