Mason King Courtesy: Mason KingMore than a year of recessionary forecasts have created "a highly unusual market," said Mason King, a principal of Luther King Capital Management in Fort Worth, Texas, which ranked No.
1 on CNBC's list of the top 100 financial advisors in the U.S. for 2023.
Although some experts have more recently backed off those earlier predictions of an impending recession and embraced the idea of soft landing, "that's been the most consensus we've seen," he added.
"Exactly how much market activity has already been drained and how much is still ahead of us, nobody knows," King said.
To navigate the ups and downs, King says the firm maintains a longer time horizon, just like the companies they invest in.
Persons:
Mason King, Luther, — J, Luther King Jr, —, that's, King
Organizations:
Luther King Capital Management, Federal, Fed, Apple, Microsoft, Nvidia, Tesla
Locations:
Fort Worth , Texas, U.S, Trimble, Albemarle