The S&P 500 (^GSPC) looks to close at a record-breaking level above 5000 points. While the move excites investors, some remain cautious over ongoing economic headwinds that can put a quick dampen on industry sentiments.
Banrion Capital Management chief executive officer Shana Sissel and Gradient Investments Senior collection of investments Manager Jeremy Bryan join Yahoo financial to discuss the best ways investors can manage their collection of investments as the S&P 500 moves to an all-time high record close.
Sissel comments on what could stop the momentum in the industry: “I don’t really see a lot of headwinds for what’s going on. We have very strong economic expansion. Very strong employment. But if there was anything it would be the Fed [Federal Reserve]. I think that most likely the thing that could put the brakes on what we’re seeing is the Fed not cutting rates the way the industry thinks. They’ve been very clear that they do intend to cut rates this year. They’re not really sure how many times, the industry expected six. The Fed put a kibosh on that.”
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