New York CNN —Cash is king right now, but investors aren’t casting stocks away completely.
Yields jumped on Thursday, after Fed Chair Jerome Powell said in a speech that he’s unsure whether the central bank has adequately tightened monetary policy.
Ham says he sees opportunities in dividend growth stocks, whose declines this year mean they’re priced at attractive levels.
Investors also shouldn’t overlook small-cap stocks, says Matt Stucky, chief portfolio manager of equities at Northwestern Mutual Wealth Management Company.
However, investors are bullish about another pause in rate hikes next month, according to fed funds rate futures.
Persons:
Cash, That’s, Jerome Powell, ”, Emerson Ham III, Ham, Dave Sekera, he’s, They’re, hasn’t, Matt Stucky, Stucky, It’s, “, ” Powell, Bryan Mena, Powell, Trevor, Elon Musk, Clare Duffy, Musk, Read
Organizations:
CNN Business, Bell, New York CNN, Federal Reserve, Investment Company Institute, Treasury, Advisors, Big Tech, Morningstar Research Services, Utilities, Northwestern Mutual Wealth Management Company, International Monetary Fund, Economic, of New, LinkedIn, Facebook, Center, Anti, Defamation League, ADL
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New York, Washington ,, of New York