#deflation #fed #investors #yahoofinance
As more inflation data is released, many on Wall Street speculate as to when the Federal Reserve may cut interest rates within the first half of 2024. Investors maneuver through the confusion of how to best manage their portfolios as economic conditions fluctuate. Adam Phillips, Managing Director at EP Wealth Advisors, joins Yahoo Finance to give insight into market conditions and what he advises his clients to keep an eye on, including gold futures (GC=F) “Maybe investors have taken the Fed’s comments a little bit too far, but we certainly don’t want to fight the Fed and try to argue against what they’re obviously seeing and apparently optimistic about,” Phillips says. “So because of that, we are also becoming a little bit more bullish on consumer discretionary.” For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
Literally got nothing out of this interview!