Solus' Dan Greenhaus expects the Fed meeting will put a dampening on the market

CNBC Television
CNBC Television
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Published 2024-04-29
Dan Greenhaus, Solus Alternative Asset Management chief strategist, joins 'Closing Bell' to discuss markets, the Fed, and his market outlook.
All Comments (10)
  • @clintscott3300
    We all know stocks are not the economy, I had 250k put aside waiting for the fed to stop raising rates. Now I want to get back into the markets, but the ‘pause’ might continue and stocks will still climb/fall, I’m confused on how to strategise and happy to discuss.
  • @calvinj5639
    Dampener = sideways. Yet another "stocks will go up, stocks will go down". At least guys like Tom Lee always have conviction in direction
  • @JohnReynolds-ni5lv
    Wait until market figures out no rate cuts, probable rate hikes. Fun times Ridgemont High.
  • @24theMoney
    My Bank took their high interest savings rate from 6% to %1.7%. LOL, they are losing all their deposits.
  • @darrenhere5856
    first part of May sideways, then heading higher when buyback window opens back up.
  • @davidtunstall6454
    Sell in May, go away. Going down on Wednesday with a hawkish Powell for sure with the risk of stagflation on the horizon.
  • @Sammy517
    This guy is clueless and is talking from both sides of his mouth!! 🙄🙄😂