Interactive Brokers senior market analyst Steven Levine discusses consumer sentiment with Greenwich Wealth Management CIO Vahan Janjigian.
Levine also provides some highlights for what to look for in the United States in mid-January.
Photo Credit: Dushan Hanuska via Flickr Creative Commons
“We are maybe in the fourth inning of a secular period of outperformance for U.S. assets.”
Since there are fewer than usual outside forces that could alter the market’s path, the motion, or inertia, could operate relatively unimpeded today.
While only two official dissenters opposed the December rate cut, dot-plot projections reveal that six Fed members, including four “silent dissenters,” were against easing, signaling deeper division within the Fed than headlines suggest.
Volatility is creeping back into the market in early 2014 after a long slumber.
