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

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