Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Investing

Danielle DiMartino Booth: Trump, Powell and US Recession Reality — Where to Focus Now

by admin November 24, 2024
November 24, 2024
Danielle DiMartino Booth: Trump, Powell and US Recession Reality — Where to Focus Now

Weighing in on Fed Chair Jerome Powell’s November 14 comments, she said he remains steadfast in his message that while inflation is coming down to the Fed’s 2 percent target, there’s a bumpy path ahead that will require patience.

‘I think the idea here is not so much to hang onto every single word he’s saying about the economy, but rather to understand that he’s retaining flexibility and does not want to be pigeonholed into saying, ‘Okay, there was one report that came out and therefore we’re going to do this.’ I don’t think that’s his aim,’ DiMartino Booth explained.

In her view, the Fed is likely to cut by another 25 basis points at its next meeting in December.

DiMartino Booth also went over where investors may want to focus their portfolios right now, noting that in the current environment it makes sense to be defensive and protective of assets that generate returns.

‘To the extent that (investors are) going to be exposed to the stock market, they should also be focused on companies that behave like gold — that are defensive in nature, that have really strong cashflow streams and are able to maintain their dividends and provide safe harbor when other riskier asset classes don’t do the same,’ she said.

She added that even though the Fed is lowering rates, there’s a trend of investors turning toward cash.

‘It looks like they’re trying to pare back their risk exposure by increasing their cash holdings despite the fact that they’re getting a lower level of an interest stream off that,’ DiMartino Booth said.

Watch the interview above for more of her thoughts on the Fed, Powell and the outlook for the US economy.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Amazon to invest another $4 billion in Anthropic, OpenAI’s biggest rival
next post
Tech 5: Bitcoin Price Sets Five New Records, Google Mulls Forced Divestiture

Related Posts

Stem Cell Stocks: 10 Biggest NASDAQ Companies in...

February 26, 2025

Top 5 Canadian Mining Stocks This Week: American...

October 12, 2024

Allied Critical Metals Announces Corporate Update

May 17, 2025

5 Best-performing Copper Stocks on the TSX in...

October 18, 2024

Advisory Board Expansion

May 16, 2024

Boss Energy Boosts Stake in Laramide Resources to...

March 15, 2025

GMV Minerals Inc. Completes Initial Drilling at Daisy...

September 27, 2024

Nuvau Minerals Inc. Announces Grant of Options

May 30, 2025

Finlay Minerals Enters into Earn-In Agreements with Freeport...

April 22, 2025

Cleo’s Ovarian Cancer Blood Test Outperforms Current Clinical...

May 29, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • How I Find Up-trending Stocks Every Week (Step-by-Step Scan Tutorial)

      June 4, 2025
    • S&P 500 Bullish Patterns: Are Higher Highs Ahead?

      June 4, 2025
    • White House stands by tax bill after Musk calls it a ‘disgusting abomination’

      June 4, 2025
    • South Korea flips left in presidential race; Lee secures victory after conservative opponent concedes

      June 4, 2025
    • Trump and Melania to headline power-player packed Kennedy Center opening night

      June 4, 2025

    Categories

    • Business (964)
    • Investing (2,310)
    • Politics (2,863)
    • Stocks (1,051)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved