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Tag: strategist

The bull market is in the 'bottom of the ninth inning,' says a strategist who called the rally

The bull market is in the 'bottom of the ninth inning,' says a strategist who called the rally

Finance
A Wall Street portfolio strategist who urged investors to believe the rally is now predicting the bull market's eventual demise — and it has nothing to do with Washington politics.Joe Zidle, of Richard Bernstein Advisors, is arguing that the bull market has entered the bottom of the ninth inning."This is a late-cycle environment," Zidle said on CNBC's "Futures Now" recently."In innings terms, they're not time dependent. An inning could be shorter or they could be longer. It just really depends," the strategist said. However, that doesn't necessarily mean investors should consider taking cover quite yet."Being in the ninth inning doesn't mean that we're in immediate risk of seeing this bull market rollover or end. We think it could go on still for quite some time just based on the fundament
Top strategist Jason Trennert says the Dow may keep Trump on the right track

Top strategist Jason Trennert says the Dow may keep Trump on the right track

Finance
Top Wall Street strategist Jason Trennert said that the equity market may be just the "vigilante" needed to discipline President Donald Trump and policymakers in Washington toward legislative reform.Trennert is the founder and a manager of Strategas Research Partners, a brokerage firm focused on providing macro research to debt and equity investors. CNBC's Mike Santoli spoke with Trennert in an exclusive interview for CNBC PRO. Santoli asked him about what the market needs to keep climbing."The equity market could be the vigilante in terms of getting stuff done. In the 80s, you used to talk about the bond market vigilantes who would actually impose some discipline on policymakers if you started going crazy as far as the deficit were concerned. Now because of QE and all the rest of it, it...