Bill Baruch Expects a Hold Today and Fewer Hikes Next Year
Bill Baruch says the key for the Fed is anchoring inflation expectations, and he thinks Chair Warsh has talked tough enough to get there. He acknowledged inflation has run hotter than expected, but argues much of it comes down to energy, and monetary policy is not a tool to combat energy inflation. That is why […]
Bill Baruch Raises Cash to Lean Into Year End, Starting With a Meta Trim
Bill Baruch says the team trimmed Meta to raise cash and keep flexibility through the midterms and into year end. He expects the market to do terrific into January and wants room to lean into names he really likes. On Meta, he wanted excitement behind earnings and did not get follow through on the Muse […]