Head of investment strategy at SoFi
Member since: Feb '22 · 20 Opinions
Her energy outlook: bullish. If there's a rotation based on valuation, then energy is now attractive. If the Fed cuts rates in the second half of 2024, the 2-year-yield will drop which will benefit dividend stocks like energy. Also, we're in summer driving season and an oil price shock can always happen.
Should. The market should have reacted different to rising rates and the yield curve inversion in the first half of 2023. Instead, the bulls have taken over and now see a new bull market rather than a bear market rally. She's not sure this sentiment will endure. She wishes she had not missed the rally in megatech. It's interesting that investors shifted from believing that if yields are down then tech is good to if yields are up the tech is good. They both cannot be right and something will have to give.
Expects the sector to recover this year, and likes current prices.