Yahoo Finance: Alphabet Inc. (GOOGL): Among the Unrivaled Stocks of the Next 10 Years

September 8, 2024

Michael Landsberg, Chief Investment Officer of Punta Gorda-based Landsberg Bennett Private Wealth Management, provided insights on inflation expectations for the end of 2024 and into 2025. He highlighted the potential for inflation to rise due to increasing global shipping costs and challenging year-over-year comparisons. Landsberg also discussed the implications of these inflationary pressures on the Federal Reserve’s interest rate decisions, particularly as political factors come into play with the upcoming U.S. presidential election.

Key Takeaways:

  1. Inflation Concerns: Landsberg highlighted the possibility of inflation rising towards the end of 2024 and into 2025. He noted, “inflation numbers might surprise to the upside… as year-over-year comparables become more difficult and increased Chinese shipping rates start reflecting in inflation data points.”
  2. Interest Rate Decisions: With inflationary pressures building, the Federal Reserve may be cautious in its interest rate cuts, especially with political factors like the upcoming election potentially influencing decisions.
  3. Economic Outlook: Despite some stability in inflation in the short term, the potential for higher inflation later in the year could impact market sentiment and force adjustments to the economic strategy.
  4. Investment Strategy: Landsberg’s observations suggest that investors should be prepared for inflationary pressures to persist, which may shape investment decisions and risk management strategies in the months ahead.

Learn more here: https://finance.yahoo.com/news/alphabet-inc-googl-vs-small-234832851.html?.tsrc=rss


Landsberg Bennett is a group comprised of investment professionals registered with Hightower Advisors, LLC, an SEC registered investment adviser. Some investment professionals may also be registered with Hightower Securities, LLC (member FINRA and SIPC). Advisory services are offered through Hightower Advisors, LLC. Securities are offered through Hightower Securities, LLC.

This is not an offer to buy or sell securities, nor should anything contained herein be construed as a recommendation or advice of any kind. Consult with an appropriately credentialed professional before making any financial, investment, tax or legal decision. No investment process is free of risk, and there is no guarantee that any investment process or investment opportunities will be profitable or suitable for all investors. Past performance is neither indicative nor a guarantee of future results. You cannot invest directly in an index.

These materials were created for informational purposes only; the opinions and positions stated are those of the author(s) and are not necessarily the official opinion or position of Hightower Advisors, LLC or its affiliates (“Hightower”). Any examples used are for illustrative purposes only and based on generic assumptions. All data or other information referenced is from sources believed to be reliable but not independently verified. Information provided is as of the date referenced and is subject to change without notice. Hightower assumes no liability for any action made or taken in reliance on or relating in any way to this information. Hightower makes no representations or warranties, express or implied, as to the accuracy or completeness of the information, for statements or errors or omissions, or results obtained from the use of this information. References to any person, organization, or the inclusion of external hyperlinks does not constitute endorsement (or guarantee of accuracy or safety) by Hightower of any such person, organization or linked website or the information, products or services contained therein.

Click here for definitions of and disclosures specific to commonly used terms.