Levine: Expect market consolidation, not a major selloff
Bloomberg · 9 days ago
Bloomberg
9 days ago
Alicia Levine, head of investment strategy and equities at BNY Wealth, says markets have proven to be "remarkably resilient" and that earlier declines in March and April "really reflected all the risks that are out there."
BreakdownGenerated by LeadStory AI
- Markets have remained resilient despite lingering risks and economic uncertainty. 1s
- Recent economic data shows softness, particularly in labor markets and discretionary spending. 21s
- Earlier market declines likely reflected and priced in many existing risks. 1m 9s
- Levine expects market consolidation rather than a major selloff. 1m 22s
- Markets are not pricing in severe impacts from recent geopolitical events. 1m 41s