In a recent Fox Business segment, Jonathan Hoenig, a hedge fund manager, advised against the common investment strategy of 'buying the dip.' He emphasizes that investors should instead focus on buying stocks that are demonstrating strength in the market. He believes that this approach is more effective in securing long-term gains rather than trying to catch falling prices.
Positive
Hoenig's strategy highlights a broader trend of looking for companies that are currently outperforming their peers, suggesting a preference for strong fundamentals and momentum rather than value opportunities in declining stocks.
Dec 20, 2024, 2:09 PM
The smooth economy that Donald Trump was poised to inherit suddenly looks a bit rockier — with critics saying the president-elect is contributing to the uncertainty. The Federal Reserve now sees inflation as staying stubbornly elevated as it has become cautious about further interest rate cuts planned for next year. On Wednesday, Trump blew up a bipartisan budget deal, which means the government could shut down after midnight Saturday.
Dec 20, 2024, 4:32 PM
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Dec 20, 2024, 4:36 PM
A short lapse in funding would probably do only modest damage. But it could send a troubling signal about government dysfunction.