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Some investors believe that under a Trump presidency, higher interest rates and inflation could lead to a more expensive dollar. But Erik Knutzen, co-chief investment officer of Neuberger Berman's Multi-Asset Strategies, says that the dollar could actually decline under a Trump administration. "Trump and his cohort actually would like to see a weaker dollar to support the American economy. Yes, the dollar may have some short-term impetus, but frankly you could probably fade that trade if Trump is not elected." Knutzen added that the dollar will probably weaken in the near term in the scenario that Trump loses the November election.
Persons: Erik Knutzen, Neuberger Berman's, Trump, — Lisa Kailai Han Organizations: Trump Locations: American
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKey 2025 market driver will be increase in term premium, says Neuberger Berman's KnutzenErik Knutzen, Neuberger Berman multi-asset strategies co-CIO, joins CNBC's 'The Exchange' to discuss investing in short-term bonds, how to position ahead of the election, and more.
Persons: Neuberger Berman's Knutzen Erik Knutzen, Neuberger Berman
Finding opportunities in the market
  + stars: | 2024-08-02 | 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 EmailFinding opportunities in the marketErik Knutzen, Neuberger Berman multi-asset CIO, and Jeff Krumpelman, chief investment strategist at Mariner Wealth Advisors, join 'Closing Bell: Overtime' to discuss the biggest opportunity for investors, why there could be a reversal higher, and more.
Persons: Erik Knutzen, Neuberger Berman, Jeff Krumpelman Organizations: Mariner Wealth Advisors
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe could see more steepening of the yield cure, says Neuberger Berman's Erik KnutzenErik Knutzen, Neuberger Berman multi-asset CIO, joins 'Squawk Box' to discuss the latest market trends, the Fed' rate hike campaign, Treasury yields outlook, impact of potential government shutdown, and more.
Persons: Neuberger Berman's Erik Knutzen Erik Knutzen, Neuberger Berman
Stock futures were little changed Tuesday evening as investors braced for the Federal Reserve's next move in its inflation-fighting rate hiking plan. S&P 500 futures added 0.01% and Nasdaq 100 futures hovered at the flat line. The moves came as fears over the ongoing banking crisis showed signs of easing, with investors "heartened by the increasing likelihood that the end of Fed policy tightening is near," said Brian Levitt, global market strategist for Invesco. "Fed tightening cycles typically end with a crisis, and those crises tend to end with policy responses. Investors are looking forward to the latest update from the Fed, at the conclusion of its two-day policy meeting on Wednesday.
Yet some market participants are convinced the Federal Reserve’s fight against inflation will keep markets volatile and are allocating funds to so-called alternative investments. Those types of returns are not typical, however, and the performance of CTAs has been more muted in less volatile markets. Private markets raised $216.9 billion in 2022, putting assets at $1.4 trillion as at June 2022, from $311 billion in 2010, according to data provider Preqin. A 2023 study from State Street found that 68% of investors plan to increase their allocation to private markets in the next two to three years. "In that environment, stocks and bonds are likely to be more correlated."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNeuberger Berman's Erik Knutzen: Growth is going to slow, recession risk remainsErik Knutzen, chief investment officer at Neuberger Berman's multi-asset class portfolios, joins 'Squawk Box' to discuss his thoughts on the season's earnings results, how the overall market will fare, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Neuberger Berman's Erik Knutzen and JPM's Jordan JacksonErik Knutzen, chief investment officer of Neuberger Berman's multi-asset class portfolios, and Jordan Jackson, global market strategist at J.P. Morgan, join 'Squawk on the Street' to discuss strength in the jobs market, cooling in the demand for services, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email2023 will be the year of central bank pivots, says JP Morgan's Jordan JacksonErik Knutzen, chief investment officer of Neuberger Berman's multi-asset class portfolios, and Jordan Jackson, global market strategist at J.P. Morgan, join 'Squawk on the Street' to discuss strength in the jobs market, cooling in the demand for services, and more.
Hopes have risen that the 20% S&P 500 plunge this year had cleared the decks by dragging the aggregate price/earnings ratio back below long-term averages. "In this environment we think bonds are more attractive relative to stocks on a risk-adjusted basis. chartMIND THE GAPTake the difference between the S&P 500 earnings yield and nominal 10-year Treasury yield. The current dividend yield - total annual dividends divided by the value of the index - is around 1.75%, while the 10-year Treasury yield is around 4.23%. As of Monday Oct. 24, the S&P 500 was down 20% year-to-date and the ICE BofA aggregate Treasuries index was down 15.6%.
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