Federate Hermes Equity Strategist: Christmas is Coming

Linda Duessel, a senior equity strategist, discusses the current state of the S&P, highlighting its overbought status and the influence of sectors like real estate and technology. She addresses global supply chain issues, particularly in China, and their impact on markets. Despite concerns, she remains optimistic about market growth, citing consumer savings and potential easing of supply bottlenecks. The discussion also covers market volatility, interest rates, and the potential for policy mistakes by the Fed, emphasizing the importance of monitoring inflation and wage growth.

What are the key indicators that Linda monitors to assess the health of the economy?

According to Linda, what is the significance of the excess savings held by consumers?

What does Linda suggest about the relationship between interest rates and stock market valuations?