'Arby's has the meats, equities have the BEEFS': Strategist
Bespoke Investment Group Co-Founder Paul Hickey joins Market Domination co-hosts Josh Lipton and Julie Hyman to break down his unique "BEEFS" market analysis framework. Hickey explains each letter in "BEEFS" represents a key market indicator: B stands for breadth within the markets. "The broadening out of the rally that started in July, we expect that to continue blossoming," he explains, indicating wider market participation. E represents the US economy. Hickey emphasizes that the economy is "doing very well." This carries over to the next E, which stands for earnings. He notes the connection that "if the economy is doing well, earnings should do well," pointing to potential corporate profit growth. F means the Federal Reserve. They have control over inflation which influences market direction. Finally, S means seasonality. Hickey highlights that "seasonality trends work best when strength begets strength," suggesting positive momentum could continue. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith
