As the economy and market continue to hum along, some investors’ expectations for what’s to come are shifting.
Before the Bell: What were your market expectations at the start of this year, and how have they changed?
Lori Van Dusen: When you look at what’s happened in the market on the surface, I think everybody knows it’s been a really good market, especially in the US, but it’s also been a very concentrated market around these seven stocks.
And I think that’s why the market is broadening, and generally market participants are more constructive and taking their wins in technology and rotating.
I think they’re fundamentally great companies, but I don’t think that their leadership will continue.
Persons:
Tesla, ’, Bell, Lori Van Dusen, it’s, we’ve, I’ve, Don’t, don’t, you’re, You’ve, Nathaniel Meyersohn, CNN’s Caolán Magee
Organizations:
CNN Business, Bell, CNN, Dow Jones Industrial, Nasdaq, Nvidia, Apple, Microsoft, Fed, LVW Advisors, Economic, Institute, National Restaurant Association, Workers
Locations:
Las Vegas, States, Europe, Rome, Greece