Back in December 2023, when the market was pricing in six or so rate cuts, Apollo Asset Management’s co-president Scott Kleinman had a more contrarian view: He said he’d be betting against any rate cuts in 2024.  That call so far has paid off. But higher-for-longer rates haven’t necessarily been a tailwind for the private-equity industry as
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Perhaps the most dominant narrative in stock market circles is the Federal Reserve’s potential moves to slash interest rates. However, recent comments from Fed officials suggest that we may have higher-for-longer interest rates, ruling out multiple cuts this year. Additionally, investors are digesting the Commerce Department’s revised, weaker-than-expected Q1 U.S. economic growth figures. With these
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Growth stocks remain the best way to ensure superior investment returns — and some are killing it right now. Smart management, savvy decision making and long-term catalysts is causing certain stocks to vault higher and outperform the broader market. The stock market continues to be pushed to all-time highs by artificial intelligence (AI), cryptocurrencies, interest-rate-cut
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The downgraded stocks continue to trade near record highs despite the recent pressure from rising bond yields. Investors were digesting the U.S. Commerce Department’s report last week, which indicated that the U.S. economy’s first-quarter growth was slower than initially estimated.  The revised figures showed an annualized growth rate of 1.3%, a drop from the advance
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