Fed's monetary policy poses risk to the bull market: Strategist

Oct. 11, 2024 - Yahoo Finance

Wall Street is approaching the two-year anniversary of the bull market (^GSPC). Palazzolo believes inflation will be a risk moving forward, and thus, the Fed's monetary policy poses "probably one of the biggest risks that we see to this bull market continuing.

" This scenario would be "a fairly conducive environment for equity investors," he adds, expecting the bull market to continue into 2025. He adds, "We think the major driver of equity market returns is really going to come down to earnings growth.

Watch the video above to hear what Palazzolo expects from the AI trend...