Oppenheimer Asset Management: Optimistic on Equities Amidst Federal Reserve Concerns

Oppenheimer Asset Management: Optimistic on Equities Amidst Federal Reserve Concerns

AInvestTue, Jul 2, 2024 ET

1min read

OPY --

Oppenheimer Asset Management remains optimistic about equities as the second half of 2024 begins, citing the potential for a soft landing in the Federal Reserve's monetary policy transition. They suggest fixed income securities for portfolio diversification, and view near-term market volatility as an opportunity to buy undervalued stocks. The firm highlights a sector-led market performance in early bull markets and advises investors to consider market tracking ETFs for market state insights.

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