Sell the Rips. Eddie Ghabour on FOX Business with Stuart Varney скачать в хорошем качестве

Sell the Rips. Eddie Ghabour on FOX Business with Stuart Varney

With the latest round of earnings in from Big Tech and the NASDAQ on the rise, Eddie Ghabour, Co-founder and CEO of KEY Advisors Wealth Management, joins Stuart Varney on FOX Business’ Varney & Co to discuss the KEY Advisors investment strategy. KEY POV: We have not changed our tune. We’re betting on the bond market’s interpretation of the economy, not the stock market. We are bullish on the bond market, with two of the three Long-term Government Bond ETFs outperforming the S&P year to date. We are staying the course. Why? Because the data is clear. In our opinion, the 1.6% inversion (as of this writing) between the 10- and 3 month bonds is a major red flag that is signaling something is wrong even with strong earnings reports. Remember, these are strong earnings based on forecasts that were already adjusted lower earlier this year because their growth is slowing. We still have major headwinds, including increasing credit default swaps (CDS) on U.S. Government Debt that is signaling global concern over the debt ceiling debate and the likelihood of the U.S. defaulting before a deal is reached. The cost of capital is high, which will likely cause an acceleration of lower profits, potential bankruptcies, and bank failures. The stress on all of these factors, we believe, will come to light in the second quarter. Watch to learn more!