Markets poised for a summer rally, expert says

The worst may be over - here’s why one expert thinks markets are due for a bounceback.

Transcript

00:00with regard to you know volatility in the market obviously april was a bit of a debacle there

00:07but we think may and june albeit not great months seasonally should be more calm because

00:14the news flow should be better um we think that that inflation is going to be under control

00:21we do think there'll be some good tariff news even if there aren't any agreements it's hard

00:26to get any worse tariff news we kind of have the worst case scenario already so we're pretty

00:32constructive about the next couple months uh we are expecting a powerful summer rally so if you

00:39do try to fade you know the market now you just have to be pretty active and try to get back into

00:46almost always summer is a good season and you're also likely to get a tax bill which should be

00:53positive more clarity on the fed and more clarity on tariffs so we're looking for a normal summer

00:59rally what really normally occurs is you get this weakness when there's no earnings because bad news

01:05comes from everything else and good news comes from companies that's why you own companies because

01:10they're doing well and reinvesting and have good strategies so you get through june um there's also

01:17a window where corporations can't buy back stock in late june so you start getting back in the market

01:23it's buying back stock that's important that can be up to a trillion dollars so it flows of capital

01:27every year and then um you get another order of earnings season you can see from this earning season

01:34not all companies but most companies are doing well and news specific news is better than fears so

01:42even if there's a hit from trade at least it can be quantified investors can do their valuation

01:48and be more calm so we think another earning season plus all this policy uncertainty getting resolved

01:55which should by then is like a dual factor hopefully fed rate cuts it could really fuel this rally after a

02:05pretty sharp pullback