Max Wasserman, MBA, Senior Vice President, Financial Advisor & Portfolio Manager at Wealth Enhancement, was featured by Bloomberg in the article, ” Traders Game Plan What 10-Year Yield at 5% Spells for US Stocks”
“If the Fed indicates they will raise rates just once and then tap the brakes, traders will be relieved,” said Max Wasserman, senior vice president and portfolio manager for the Miramar Team at Wealth Enhancement. “But if there isn’t assurance on just how many hikes could be coming, or any hint that inflation may take awhile to bring down, then yields above 5% will require long-duration tech stocks to drop as investors reevaluate pricey multiples.”
Access the full article here: Traders Game Plan What 10-Year Yield at 5% Spells for US Stocks - Bloomberg
