28 July 2023
US Markets Wrap: 3 Key Risks for rest of 2023 and into 2024
Tim Davis, Partner, Executive Managing Director, Wealth Manager, of Davis Executive Wealth Management Group at Steward Partners cautions against joining the A.I. craze, where a handful of technology stocks, known as the Magnificent Seven, have led the major averages like the Nasdaq and S&P 500, which characterizes Q2 of the markets.
He also points out what needs to happen for the stock market to continue its upward trend, but there will be potential risks that investors need to be aware of for the second half of 2023 and into 2024.
Presented by: Ryan Huang
Producer: Yeo Kai Ting (ykaiting@sph.com.sg)

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