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Hennion's Mahn sees volatility and the current uptrend continuing
Publisher |
Chuck Jaffe
Media Type |
audio
Categories Via RSS |
Business
Investing
Publication Date |
Sep 25, 2024
Episode Duration |
01:00:34

Kevin Mahn, president and chief investment officer at Hennion & Walsh, expects continued bouts of volatility for the market for the rest of the year, spurred by uncertainty around the election and the Federal Reserve's moves, but he noted that when the central bank historically has cut rates when the stock market is near all-time highs, the market moved sharply up in the following 12 months. As a result, he is increasingly optimistic about the next two years, though he says investors may want to lean into areas of the market that have lagged behind in the market's recent run. Pollster Margie Omero discusses a recent AARP study of women voters above the age of 50 — the largest bloc of swing voters in the upcoming election — in which nearly two-thirds of respondents say the current economy isn’t working for them, and that they feel less financially secure than they expected to at this age. Plus, in the Market Call, David Miller of the Catalyst Mutual Funds discusses using insider buying and selling as a signal of a stock's strength or weakness.

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