Gold, real estate attractive as market rally likely wanes, expert says
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AI-Powered 70% FREE-ANALYSIS-RULE-BASED-ANALYSISAnalysis of stock market developments showing bullish sentiment.
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STORY: U.S. stocks on Friday retreated from record highs that have been powered by AI-linked companies.A day earlier, with the S&P 500 closing at an all-time high, "two-thirds of the stocks in the S&P 500 were actually down," said Bennett, adding that "nine percent of the S&P 500 actually hit 52-week lows."Leadership this narrow often means the rally is "exhausted," she explained. "That'd be consistent with rates staying higher, the economy slowing, which is the environment that I think we're in.""As far as areas to invest right now, I do think real assets are interesting - and real assets being more real estate itself, not necessarily a REIT," Bennett said, adding that precious metals are also "attractive in an environment like this."
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Analysis of stock market developments showing bullish sentiment.
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