Stocks are celebrating inflation's demise prematurely and the big money isn't buying, says Larry McDonald
Written by Emily J. Thompson, Senior Investment Analyst
Source: CNBC
Market Reactions to Inflation: Despite a rally in the stock market following a lower-than-expected CPI report, big institutional investors are concerned about underlying inflation trends, particularly "supercore" inflation, which remains higher than the headline rate and suggests inflation is not decreasing quickly enough.
Investment Strategies: Hedge funds are shifting their focus towards hard assets like gold and natural gas, viewing them as favorable investments amidst ongoing inflation concerns, with specific recommendations including the First Trust Natural Gas ETF and Antero Resources.
Analyst Views on FCG
Wall Street analysts forecast FCG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FCG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 24.400
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Current: 24.400
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
