Victoria Greene, founding partner and CIO of G Squared Private Wealth, joins CNBCâs âThe Exchangeâ to discuss three stocks: Visa, General Dynamics, and Enphase.
Itâs a full-time job staying sane in this world gone mad. Politics are polarized and evolving rapidly, the economy keeps giving mixed signals vacillating between growth and being on life support, and the markets just violently rotated out of the popular mega-cap tech trade and into the unloved small and value sectors.
Victoria Greene, Founding Partner and Chief Investment Officer of G Squared Private Wealth, discusses the drop in chip stocks, the market rotation, and her top stock picks.
CNBC Closing Bell – Amazon reaches record close and passes $2 trillion market cap. Victoria Greene, G Squared Private Wealth founding partner and CIO, joins âClosing Bell Overtimeâ to talk the dayâs market action.
âLook at market fluctuations as your friend rather than your enemy. Profit from folly rather than participate in it.â- Warren Buffett
There is a wise adage, if you hear hoofbeats think horses not zebras. Meaning, consider common explanations rather than search for highly improbable ones. All signals point towards the bull market continuing, but we are stuck in an unfortunate period where it feels terrible to be a human existing in the United States right now. It can be hard for investors to see the positives that are driving the rally, and we find many people still extremely skeptical of the bull market or waiting for the other shoe to drop. As we hit the halfway point in the year it has been a solid, but unequal rally. To steal from Jay-Z, Iâve got 99 problems, but the marketâs not one. We are also about to hit the apex of a hotly contested presidential election and the noise level is going to rise from a dull roar to earsplitting. Each candidate promising if you elect them, itâs all rainbows and puppy dogs, but if you donât, we face economic ruin.
Victoria Greene of G Squared Private Wealth says investors shouldnât view the mega-cap tech stocks dominating the market concentration as a bad thing, as they continue to prove they have the ability to grow earnings and beat high bars.