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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNo reason to think bearish pattern will persist, says Crossbridge Capital CIOManish Singh, chief investment officer at Crossbridge Capital, discusses the state of the technology market and his forecast for rate cuts by the Federal Reserve.
Persons: Manish Singh Organizations: Crossbridge, Federal Reserve
Global markets are cautiously rebounding from an early-August rout — and one asset manager says there's no need to fear a burst tech bubble causing a persistent downturn. "I just don't see a tech bubble. Pointing to the Nasdaq, Singh noted that on an equally-weighted basis — giving each stock the same weight regardless of market capitalization — the index is flat over the last three years. "So if you have 100 stocks and seven of them are doing well because they have delivered [on] earnings, that's fine. The tech sector's recent bull run has in part been powered by the so-called "Magnificant Seven" of Apple , Amazon , Alphabet , Meta , Microsoft , Nvidia and Tesla .
Persons: , there's, Wall, Manish Singh, CNBC's, Singh Organizations: Crossbridge, Nasdaq, Apple, Microsoft, Nvidia, Tesla
Chinese consumer stocks are undervalued, CIO says
  + stars: | 2023-11-29 | 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 EmailChinese consumer stocks are undervalued, CIO saysPinduoduo's rally shows Chinese consumer stocks are undervalued due to "China effect" fears, says Crossbridge Capital Group CIO Manish Singh.
Persons: Manish Singh Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. jobs report was not as strong as it seemed and recession is likely, CIO saysCrossbridge Capital Group's Chief Investment Officer Manish Singh digs into the detail of U.S. jobs and economic data, his view on Fed rate cutting and why he sees a U.S. recession ahead.
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