Megan Horneman on Bloomberg TV
In this episode of Bloomberg TV’s The Close, Verdence Capital Advisors’ Chief Investment Officer, Megan Horneman, shares her insights on the current market landscape. Horneman discusses why the tech and growth sectors may be overly optimistic about future rate cuts and the ongoing AI momentum. She highlights the importance of waiting for earnings results and explores opportunities outside the US, while noting the potential of small and mid-cap stocks within the U.S. Horneman cautions against relying solely on tech as an investment opportunity and points out the historical weakness of markets in September. She also delves into the impact of the latest Fed meeting, expressing concerns about continued optimism for a soft landing, weak small business optimism reports, stretched consumers, and persistent inflation in services and housing. A must-watch for investors looking for a nuanced analysis of today’s economic challenges.
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