Stock market analysts trying to predict Wall Street\u2019s next move are debating key cross currents, such as tariffs, interest rates, and consumer confidence.<\/p>\n
\u201cWe still don\u2019t know what the tariffs are going to be. Are importers going to pay some of it?\u00a0Nobody knows what\u2019s going to happen,\u201d warned KTRH money man Pat Shinn.<\/p>\n
Pat looks skeptically at predictions that the market is poised for a major takeoff once it becomes clearer when the Federal Reserve will reduce interest rates.<\/p>\n
Some of those bullish predictions point to low consumer confidence as a positive, with the logic that once confidence improves, the market can pick up dramatically. Jim Paulsen of Paulsen Perspectives says the fact that the market is strong despite tight interest rates indicates underlying strength and a readiness for a jump.<\/p>\n
Pat suspects expectations for lower interest rates are built in, especially considering weak jobs and economic numbers last week, and this week too.\u00a0He predicts smaller and mid sized companies may have room to move up but he warns the biggest names are already trading at extremely expensive multiples with little room left on the upside.\u00a0\u201cThe time to buy would\u2019ve been obviously in April when everybody was scared to death,\u201d he said. \u201cThe market was down 20 percent.\u00a0And folks are thinking \u2018the world\u2019s coming to an end.\u2019\u00a0Right now, everybody\u2019s feeling pretty good.\u00a0We are seeing a lot of overoptimism on artificial intelligence and also crypto.\u00a0That tells me that the market is not ready to take off.\u201d\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Stock market analysts trying to predict Wall Street\u2019s next move are debating key cross currents, such as tariffs,…\n","protected":false},"author":3,"featured_media":128377,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5133],"tags":[5229,32558,32557,32556,10282,53017,78410,267,9106,5826,32559,50,78411,7202,7203,62,7199,78412,2175,358,314,3187,67,586,132,5230,68,2969,313],"class_list":{"0":"post-128376","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-san-antonio","8":"tag-america","9":"tag-charity-mccurdy","10":"tag-charlie-parker","11":"tag-chris-duel","12":"tag-confidence","13":"tag-consumer-confidence","14":"tag-cross-currents","15":"tag-interest-rates","16":"tag-market","17":"tag-move","18":"tag-mr-t","19":"tag-news","20":"tag-pat-shinn","21":"tag-san-antonio","22":"tag-sanantonio","23":"tag-sports","24":"tag-spurs","25":"tag-stock-market-analysts","26":"tag-tariffs","27":"tag-texas","28":"tag-traffic","29":"tag-tx","30":"tag-united-states","31":"tag-united-states-of-america","32":"tag-unitedstates","33":"tag-unitedstatesofamerica","34":"tag-us","35":"tag-usa","36":"tag-weather"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114991757106067850","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/128376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=128376"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/128376\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/128377"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=128376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=128376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=128376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}