There's too much uncertainty i

2023-03-27

There's too much uncertainty in the market. Hard to draw any conclusion based on last week's data. This week may be entirely different. Too many variables in play and there may be a bit of hysteresis in the stock market. People pulling money from banks need to put these somewhere. We will see in the next 1 month where this is going to end up in.

Why the Worst Banking Mess since 2008 Isn't Freaking out Stock-Market Investors -- Yet

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Moolele
2023-03-27
Moolele
对买家好？
- Kiranaar:
  我还不会全押stx。如果你有多余的钱，并且对某些股票有很好的信心，你可以通过做期权交易来利用这种不确定性。对厌恶风险的人或期权经验有限的人或没有多余钱的人来说不好。需要非常小心！
chan tow
2023-03-27
chan tow
thanks
Enyaw123
2023-03-27
Enyaw123
[财迷][财迷]
Jo99
2023-03-27
Jo99
Nk
alex alexalex
2023-03-27
alex alexalex
gf
Prakesh
2023-03-27
Prakesh
good

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":9941061965,"tweetId":"9941061965","gmtCreate":1679879406858,"gmtModify":1679879412766,"author":{"id":3579931573579109,"idStr":"3579931573579109","authorId":3579931573579109,"authorIdStr":"3579931573579109","name":"Kiranaar","avatar":"https://static.tigerbbs.com/fc9541e5ba792fc73edc7524c494929f","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":12,"crmLevelSwitch":1,"individualDisplayBadges":[],"fanSize":90,"starInvestorFlag":true,"fullDisclosureFlag":true,"starInvestorFollowerNum":10,"starInvestorOrderShareNum":57,"userFollowInvestorFlag":false,"orderNotificationFlag":false,"ror":61.49,"showRor":true,"investmentPhilosophy":"Easy money in this bull market. sell option near Earnings and buy it back before Earnings date.","winRationPercentage":75.942029,"tradeVolumeEst":0},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body>There's too much uncertainty in the market. Hard to draw any conclusion based on last week's data. This week may be entirely different. Too many variables in play and there may be a bit of hysteresis in the stock market. People pulling money from banks need to put these somewhere. We will see in the next 1 month where this is going to end up in.</body></html>","htmlText":"<html><head></head><body>There's too much uncertainty in the market. Hard to draw any conclusion based on last week's data. This week may be entirely different. Too many variables in play and there may be a bit of hysteresis in the stock market. People pulling money from banks need to put these somewhere. We will see in the next 1 month where this is going to end up in.</body></html>","text":"There's too much uncertainty in the market. Hard to draw any conclusion based on last week's data. This week may be entirely different. Too many variables in play and there may be a bit of hysteresis in the stock market. People pulling money from banks need to put these somewhere. We will see in the next 1 month where this is going to end up in.","highlighted":2,"essential":1,"paper":1,"likeSize":57,"commentSize":46,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9941061965","repostId":2322046383,"repostType":2,"repost":{"id":"2322046383","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1679872794,"share":"https://ttm.financial/m/news/2322046383?lang=en_US&edition=fundamental","pubTime":"2023-03-27 07:19","market":"us","language":"en","title":"Why the Worst Banking Mess since 2008 Isn't Freaking out Stock-Market Investors -- Yet","url":"https://stock-news.laohu8.com/highlight/detail?id=2322046383","media":"Dow Jones","summary":"Judging by the major indexes, it will take more than the Federal Reserve raising interest rates in t","content":"<html><head></head><body>Judging by the major indexes, it will take more than the Federal Reserve raising interest rates in the midst of the worst banking mess since the 2008 financial crisis for stock-market investors to lose their cool.&#34;Investors are broadly assuming that regulators are going to step in and ringfence the sector if need be, and that&#39;s what keeps it from spilling over to the broader market,&#34; said Anastasia Amoroso, chief investment strategist at iCapital, in a phone interview.There&#39;s also a second reason. Investors see the banking woes forcing the Fed to pause the rate-hike cycle or even begin cutting as early as June, she noted. An end to the yearlong rise in rates will remove a source of pressure on stock-market valuations.But gains last week, which came amid volatile trading, aren&#39;t sending an all-clear signal, stock-market analysts and investors said.Banking worries haven&#39;t gone away after the failure of three U.S. institutions earlier this month and UBS Group AG&#39;s (UBS) agreement to acquire troubled Swiss rival Credit Suisse (CSGN.EB) in a merger forced by regulators. Jitters were on display Friday when shares of German financial giant Deutsche Bank (DBK.XE)got drubbed.It&#39;s the fear of runs on U.S. regional banks that still keep investors up at night. Markets might face a test Monday if investors react to Federal Reserve data released after Friday&#39;s closing bell showed deposits at small U.S. banks dropped by a record $119 billion in the weekly period ended Wednesday, March 15, following Silicon Valley Bank&#39;s collapse the preceding Friday.That sensitivity to deposits was on display last week. U.S. Treasury Secretary Janet Yellen was blamed for a late Wednesday selloff that saw the Dow end over 500 points lower after she told lawmakers that her department hadn&#39;t considered or discussed a blanket guarantee for deposits. On Thursday, she told House lawmakers that, &#34;we would be prepared to take additional actions if warranted.&#34;Deposits are &#34;the epicenter of the crisis of confidence&#34; in U.S. banks, said Kristina Hooper, chief global market strategist at Invesco, in a phone interview. Anything that suggests there won&#39;t be full protection for deposits is bound to worry investors in a charged environment.Cascading runs on regional banks would stoke fears of further bank failures and the potential for a full-blown financial crisis, but short of that, pressure on deposits also underline fears the U.S. economy is headed for a credit crunch.Speaking of a credit crunch. Deposits across banks have been under pressure after the Federal Reserve began aggressively raising interest rates roughly a year ago. Since then, deposits at all domestic banks have fallen by $663 billion, or 3.9%, as money flowed into money-market funds and bonds, noted Paul Ashworth, chief North American economist at Capital Economics, in a Friday note.&#34;Unless banks are willing to jack up their deposit rates to prevent that flight, they will eventually have to rein in the size of their loan portfolios, with the resulting squeeze on economic activity another reason to expect a recession is coming soon,&#34; he wrote.Related:Bank of America identifies the next bubble and says investors should sell stocks rather than buy them after the last rate increaseMeanwhile, activity in U.S. capital markets has largely dried up since Silicon Valley Bank&#39;s collapse on March 10, noted Torsten Slok, chief global economist at Apollo Global Management, in a recent note.There was virtually no investment-grade or high-yield debt issuance and no initial public offerings on U.S. exchanges, while merger and acquisition activity since then represents completed deals that were initiated before SVB&#39;s collapse, he said (see chart above).&#34;The longer capital markets are closed, and the longer funding spreads for banks remain elevated, the more negative the impact will be on the broader economy,&#34; Slok wrote.The Dow Jones Industrial Average rose 1.2% last week, ending a back-to-back run of declines. The S&amp;P 500 rose 1.4%, recouping the large-cap benchmark&#39;s March losses to turn flat on the month. The Nasdaq Composite saw a 1.7% weekly rise, leaving the tech-heavy index up 3.2% for the month to date.Regional bank stocks showed some signs of stability, but have yet to begin a meaningful recovery from steep March losses. The SPDR S&amp;P Regional Banking ETF <a href=\"https://laohu8.com/S/KRE\">$(KRE)$</a> eked out a 0.2% weekly gain but remains down 29.3% in March. KRE&#39;s plunge has taken it back to levels last seen in November 2020.Look beneath the surface, and the stock market appears &#34;bifurcated,&#34; said Austin Graff, chief investment officer and founder of Opal Capital.Much of the resilience in the broader market is attributable to gains for megacap technology stocks, which have enjoyed a flight-to-safety role, he said in a phone interview.The megacap tech-heavy Nasdaq-100 was up 6% in March through Friday&#39;s close, according to FactSet, while regional bank shares dragged on the small-cap Russell 2000 , down 8.5% over the same stretch.For investors, &#34;the expectation should be for continued volatility because we do have less money flowing through the economy,&#34; Graff said. There&#39;s more pain to be felt in highly levered parts of the economy that weren&#39;t prepared for the speed and scope of the Fed&#39;s aggressive rate increases, including areas like commercial real estate that are also struggling with the work-from-home phenomenon.Graff has been buying companies in traditionally defensive sectors, such as utilities, consumer staples and healthcare, that are expected to be resilient during economic downturns.Invesco&#39;s Hooper said it makes sense for tactical allocators to position defensively right now.&#34;But I think there has to be a recognition that if the banking issues that we&#39;re seeing do appear to be resolved and the Fed has paused, we are likely to see a market regime shift...to a more risk-on environment,&#34; she said. That would favor &#34;overweight&#34; positions in equities, including cyclical and small-cap stocks as well as moving further out on the risk spectrum on fixed income.The problem, she said, is the well-known difficulty in timing the market.Amoroso at iCapital said a &#34;barbell&#34; approach would allow investors to &#34;get paid while they wait&#34; by taking advantage of decent yields in cash, short- and long-term Treasurys, corporate bonds and private credit, while at the same time using dollar-cost averaging to take advantage of opportunities where valuations have been reset to the downside.&#34;It doesn&#39;t feel great for investors, but the reality is that we&#39;re likely trapped in a narrow range for the S&amp;P for a while,&#34; Amoroso said, &#34;until either growth breaks to the downside or inflation breaks to the downside.&#34;</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why the Worst Banking Mess since 2008 Isn't Freaking out Stock-Market Investors -- Yet</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy the Worst Banking Mess since 2008 Isn't Freaking out Stock-Market Investors -- Yet\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nDow Jones \n2023-03-27 07:19\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>Judging by the major indexes, it will take more than the Federal Reserve raising interest rates in the midst of the worst banking mess since the 2008 financial crisis for stock-market investors to lose their cool.&#34;Investors are broadly assuming that regulators are going to step in and ringfence the sector if need be, and that&#39;s what keeps it from spilling over to the broader market,&#34; said Anastasia Amoroso, chief investment strategist at iCapital, in a phone interview.There&#39;s also a second reason. Investors see the banking woes forcing the Fed to pause the rate-hike cycle or even begin cutting as early as June, she noted. An end to the yearlong rise in rates will remove a source of pressure on stock-market valuations.But gains last week, which came amid volatile trading, aren&#39;t sending an all-clear signal, stock-market analysts and investors said.Banking worries haven&#39;t gone away after the failure of three U.S. institutions earlier this month and UBS Group AG&#39;s (UBS) agreement to acquire troubled Swiss rival Credit Suisse (CSGN.EB) in a merger forced by regulators. Jitters were on display Friday when shares of German financial giant Deutsche Bank (DBK.XE)got drubbed.It&#39;s the fear of runs on U.S. regional banks that still keep investors up at night. Markets might face a test Monday if investors react to Federal Reserve data released after Friday&#39;s closing bell showed deposits at small U.S. banks dropped by a record $119 billion in the weekly period ended Wednesday, March 15, following Silicon Valley Bank&#39;s collapse the preceding Friday.That sensitivity to deposits was on display last week. U.S. Treasury Secretary Janet Yellen was blamed for a late Wednesday selloff that saw the Dow end over 500 points lower after she told lawmakers that her department hadn&#39;t considered or discussed a blanket guarantee for deposits. On Thursday, she told House lawmakers that, &#34;we would be prepared to take additional actions if warranted.&#34;Deposits are &#34;the epicenter of the crisis of confidence&#34; in U.S. banks, said Kristina Hooper, chief global market strategist at Invesco, in a phone interview. Anything that suggests there won&#39;t be full protection for deposits is bound to worry investors in a charged environment.Cascading runs on regional banks would stoke fears of further bank failures and the potential for a full-blown financial crisis, but short of that, pressure on deposits also underline fears the U.S. economy is headed for a credit crunch.Speaking of a credit crunch. Deposits across banks have been under pressure after the Federal Reserve began aggressively raising interest rates roughly a year ago. Since then, deposits at all domestic banks have fallen by $663 billion, or 3.9%, as money flowed into money-market funds and bonds, noted Paul Ashworth, chief North American economist at Capital Economics, in a Friday note.&#34;Unless banks are willing to jack up their deposit rates to prevent that flight, they will eventually have to rein in the size of their loan portfolios, with the resulting squeeze on economic activity another reason to expect a recession is coming soon,&#34; he wrote.Related:Bank of America identifies the next bubble and says investors should sell stocks rather than buy them after the last rate increaseMeanwhile, activity in U.S. capital markets has largely dried up since Silicon Valley Bank&#39;s collapse on March 10, noted Torsten Slok, chief global economist at Apollo Global Management, in a recent note.There was virtually no investment-grade or high-yield debt issuance and no initial public offerings on U.S. exchanges, while merger and acquisition activity since then represents completed deals that were initiated before SVB&#39;s collapse, he said (see chart above).&#34;The longer capital markets are closed, and the longer funding spreads for banks remain elevated, the more negative the impact will be on the broader economy,&#34; Slok wrote.The Dow Jones Industrial Average rose 1.2% last week, ending a back-to-back run of declines. The S&amp;P 500 rose 1.4%, recouping the large-cap benchmark&#39;s March losses to turn flat on the month. The Nasdaq Composite saw a 1.7% weekly rise, leaving the tech-heavy index up 3.2% for the month to date.Regional bank stocks showed some signs of stability, but have yet to begin a meaningful recovery from steep March losses. The SPDR S&amp;P Regional Banking ETF <a href=\"https://laohu8.com/S/KRE\">$(KRE)$</a> eked out a 0.2% weekly gain but remains down 29.3% in March. KRE&#39;s plunge has taken it back to levels last seen in November 2020.Look beneath the surface, and the stock market appears &#34;bifurcated,&#34; said Austin Graff, chief investment officer and founder of Opal Capital.Much of the resilience in the broader market is attributable to gains for megacap technology stocks, which have enjoyed a flight-to-safety role, he said in a phone interview.The megacap tech-heavy Nasdaq-100 was up 6% in March through Friday&#39;s close, according to FactSet, while regional bank shares dragged on the small-cap Russell 2000 , down 8.5% over the same stretch.For investors, &#34;the expectation should be for continued volatility because we do have less money flowing through the economy,&#34; Graff said. There&#39;s more pain to be felt in highly levered parts of the economy that weren&#39;t prepared for the speed and scope of the Fed&#39;s aggressive rate increases, including areas like commercial real estate that are also struggling with the work-from-home phenomenon.Graff has been buying companies in traditionally defensive sectors, such as utilities, consumer staples and healthcare, that are expected to be resilient during economic downturns.Invesco&#39;s Hooper said it makes sense for tactical allocators to position defensively right now.&#34;But I think there has to be a recognition that if the banking issues that we&#39;re seeing do appear to be resolved and the Fed has paused, we are likely to see a market regime shift...to a more risk-on environment,&#34; she said. That would favor &#34;overweight&#34; positions in equities, including cyclical and small-cap stocks as well as moving further out on the risk spectrum on fixed income.The problem, she said, is the well-known difficulty in timing the market.Amoroso at iCapital said a &#34;barbell&#34; approach would allow investors to &#34;get paid while they wait&#34; by taking advantage of decent yields in cash, short- and long-term Treasurys, corporate bonds and private credit, while at the same time using dollar-cost averaging to take advantage of opportunities where valuations have been reset to the downside.&#34;It doesn&#39;t feel great for investors, but the reality is that we&#39;re likely trapped in a narrow range for the S&amp;P for a while,&#34; Amoroso said, &#34;until either growth breaks to the downside or inflation breaks to the downside.&#34;</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4588":"碎股","BK4585":"ETF&股票定投概念","SBNY":"签字银行","BK4118":"综合性资本市场","SIVBQ":"硅谷银行","BK4534":"瑞士信贷持仓","BK4535":"淡马锡持仓","KRE":"区域银行指数ETF-SPDR KBW","UBS":"瑞银"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2322046383","content_text":"Judging by the major indexes, it will take more than the Federal Reserve raising interest rates in the midst of the worst banking mess since the 2008 financial crisis for stock-market investors to lose their cool.\"Investors are broadly assuming that regulators are going to step in and ringfence the sector if need be, and that's what keeps it from spilling over to the broader market,\" said Anastasia Amoroso, chief investment strategist at iCapital, in a phone interview.There's also a second reason. Investors see the banking woes forcing the Fed to pause the rate-hike cycle or even begin cutting as early as June, she noted. An end to the yearlong rise in rates will remove a source of pressure on stock-market valuations.But gains last week, which came amid volatile trading, aren't sending an all-clear signal, stock-market analysts and investors said.Banking worries haven't gone away after the failure of three U.S. institutions earlier this month and UBS Group AG's (UBS) agreement to acquire troubled Swiss rival Credit Suisse (CSGN.EB) in a merger forced by regulators. Jitters were on display Friday when shares of German financial giant Deutsche Bank (DBK.XE)got drubbed.It's the fear of runs on U.S. regional banks that still keep investors up at night. Markets might face a test Monday if investors react to Federal Reserve data released after Friday's closing bell showed deposits at small U.S. banks dropped by a record $119 billion in the weekly period ended Wednesday, March 15, following Silicon Valley Bank's collapse the preceding Friday.That sensitivity to deposits was on display last week. U.S. Treasury Secretary Janet Yellen was blamed for a late Wednesday selloff that saw the Dow end over 500 points lower after she told lawmakers that her department hadn't considered or discussed a blanket guarantee for deposits. On Thursday, she told House lawmakers that, \"we would be prepared to take additional actions if warranted.\"Deposits are \"the epicenter of the crisis of confidence\" in U.S. banks, said Kristina Hooper, chief global market strategist at Invesco, in a phone interview. Anything that suggests there won't be full protection for deposits is bound to worry investors in a charged environment.Cascading runs on regional banks would stoke fears of further bank failures and the potential for a full-blown financial crisis, but short of that, pressure on deposits also underline fears the U.S. economy is headed for a credit crunch.Speaking of a credit crunch. Deposits across banks have been under pressure after the Federal Reserve began aggressively raising interest rates roughly a year ago. Since then, deposits at all domestic banks have fallen by $663 billion, or 3.9%, as money flowed into money-market funds and bonds, noted Paul Ashworth, chief North American economist at Capital Economics, in a Friday note.\"Unless banks are willing to jack up their deposit rates to prevent that flight, they will eventually have to rein in the size of their loan portfolios, with the resulting squeeze on economic activity another reason to expect a recession is coming soon,\" he wrote.Related:Bank of America identifies the next bubble and says investors should sell stocks rather than buy them after the last rate increaseMeanwhile, activity in U.S. capital markets has largely dried up since Silicon Valley Bank's collapse on March 10, noted Torsten Slok, chief global economist at Apollo Global Management, in a recent note.There was virtually no investment-grade or high-yield debt issuance and no initial public offerings on U.S. exchanges, while merger and acquisition activity since then represents completed deals that were initiated before SVB's collapse, he said (see chart above).\"The longer capital markets are closed, and the longer funding spreads for banks remain elevated, the more negative the impact will be on the broader economy,\" Slok wrote.The Dow Jones Industrial Average rose 1.2% last week, ending a back-to-back run of declines. The S&P 500 rose 1.4%, recouping the large-cap benchmark's March losses to turn flat on the month. The Nasdaq Composite saw a 1.7% weekly rise, leaving the tech-heavy index up 3.2% for the month to date.Regional bank stocks showed some signs of stability, but have yet to begin a meaningful recovery from steep March losses. The SPDR S&P Regional Banking ETF $(KRE)$ eked out a 0.2% weekly gain but remains down 29.3% in March. KRE's plunge has taken it back to levels last seen in November 2020.Look beneath the surface, and the stock market appears \"bifurcated,\" said Austin Graff, chief investment officer and founder of Opal Capital.Much of the resilience in the broader market is attributable to gains for megacap technology stocks, which have enjoyed a flight-to-safety role, he said in a phone interview.The megacap tech-heavy Nasdaq-100 was up 6% in March through Friday's close, according to FactSet, while regional bank shares dragged on the small-cap Russell 2000 , down 8.5% over the same stretch.For investors, \"the expectation should be for continued volatility because we do have less money flowing through the economy,\" Graff said. There's more pain to be felt in highly levered parts of the economy that weren't prepared for the speed and scope of the Fed's aggressive rate increases, including areas like commercial real estate that are also struggling with the work-from-home phenomenon.Graff has been buying companies in traditionally defensive sectors, such as utilities, consumer staples and healthcare, that are expected to be resilient during economic downturns.Invesco's Hooper said it makes sense for tactical allocators to position defensively right now.\"But I think there has to be a recognition that if the banking issues that we're seeing do appear to be resolved and the Fed has paused, we are likely to see a market regime shift...to a more risk-on environment,\" she said. That would favor \"overweight\" positions in equities, including cyclical and small-cap stocks as well as moving further out on the risk spectrum on fixed income.The problem, she said, is the well-known difficulty in timing the market.Amoroso at iCapital said a \"barbell\" approach would allow investors to \"get paid while they wait\" by taking advantage of decent yields in cash, short- and long-term Treasurys, corporate bonds and private credit, while at the same time using dollar-cost averaging to take advantage of opportunities where valuations have been reset to the downside.\"It doesn't feel great for investors, but the reality is that we're likely trapped in a narrow range for the S&P for a while,\" Amoroso said, \"until either growth breaks to the downside or inflation breaks to the downside.\"","news_type":1,"symbols_score_info":{"UBS":1,"CS":0.9,"KRE":0.9,"SBNY":0.9,"SIVBQ":0.9,"SIVB":0.9}},"isVote":1,"tweetType":1,"viewCount":845,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":282,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":106142926,"commentId":"106142926","gmtCreate":1679880068706,"gmtModify":1679902201040,"authorId":4090105190802310,"author":{"id":4090105190802310,"idStr":"4090105190802310","authorId":4090105190802310,"name":"Moolele","avatar":"https://static.tigerbbs.com/35190aa5aecb0245091a30761db693d3","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"投资经理虎","description":"证券账户累计交易金额达到10万美元","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.03.25","exceedPercentage":"60.19%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9941061965,"objectIdStr":"9941061965","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"对买家好？","text":"对买家好？","html":"对买家好？","likeSize":0,"commentSize":1,"subComments":[{"id":106142991,"commentId":"106142991","gmtCreate":1679880469998,"gmtModify":1679902203297,"authorId":3579931573579109,"author":{"id":3579931573579109,"idStr":"3579931573579109","authorId":3579931573579109,"name":"Kiranaar","avatar":"https://static.tigerbbs.com/fc9541e5ba792fc73edc7524c494929f","vip":1,"hat":"https://static.tigerbbs.com/646756f1284a5a6480ed02cc4fa7d1d2","crmLevel":12,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9941061965,"objectIdStr":"9941061965","type":1,"supId":106142926,"supIdStr":"106142926","prevId":0,"prevIdStr":"0","content":"我还不会全押stx。如果你有多余的钱，并且对某些股票有很好的信心，你可以通过做期权交易来利用这种不确定性。对厌恶风险的人或期权经验有限的人或没有多余钱的人来说不好。需要非常小心！","text":"我还不会全押stx。如果你有多余的钱，并且对某些股票有很好的信心，你可以通过做期权交易来利用这种不确定性。对厌恶风险的人或期权经验有限的人或没有多余钱的人来说不好。需要非常小心！","html":"我还不会全押stx。如果你有多余的钱，并且对某些股票有很好的信心，你可以通过做期权交易来利用这种不确定性。对厌恶风险的人或期权经验有限的人或没有多余钱的人来说不好。需要非常小心！","disclaimerType":0}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0},{"id":106142938,"commentId":"106142938","gmtCreate":1679880085965,"gmtModify":1679902261066,"authorId":3580731839183444,"author":{"id":3580731839183444,"idStr":"3580731839183444","authorId":3580731839183444,"name":"chan tow","avatar":"https://community-static.tradeup.com/news/1cda4d51b64f3619c0833ba29243d269","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.31","exceedPercentage":"93.15%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"hat":"https://static.tigerbbs.com/646756f1284a5a6480ed02cc4fa7d1d2","crmLevel":12,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9941061965,"objectIdStr":"9941061965","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"thanks","text":"thanks","html":"thanks","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0,"disclaimerType":0},{"id":106142978,"commentId":"106142978","gmtCreate":1679880183958,"gmtModify":1679902202000,"authorId":4101205259268340,"author":{"id":4101205259268340,"idStr":"4101205259268340","authorId":4101205259268340,"name":"Enyaw123","avatar":"https://static.itradeup.com/news/627ec384eb4b584ed0e3632dc1e5a807","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":12,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9941061965,"objectIdStr":"9941061965","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"[财迷][财迷]","text":"[财迷][财迷]","html":"[财迷][财迷]","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0,"disclaimerType":0},{"id":106142970,"commentId":"106142970","gmtCreate":1679880163040,"gmtModify":1679902201745,"authorId":4091597961308770,"author":{"id":4091597961308770,"idStr":"4091597961308770","authorId":4091597961308770,"name":"Jo99","avatar":"https://static.tigerbbs.com/0f2f7aaea81cc6b357af69960cb3f99e","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9941061965,"objectIdStr":"9941061965","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Nk","text":"Nk","html":"Nk","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0,"disclaimerType":0},{"id":106142960,"commentId":"106142960","gmtCreate":1679880137002,"gmtModify":1679902201359,"authorId":3583241719564784,"author":{"id":3583241719564784,"idStr":"3583241719564784","authorId":3583241719564784,"name":"alex alexalex","avatar":"https://community-static.tradeup.com/news/70b9686e00805fd5dc432e73e65c8f37","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9941061965,"objectIdStr":"9941061965","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"gf","text":"gf","html":"gf","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0,"disclaimerType":0},{"id":106142979,"commentId":"106142979","gmtCreate":1679880187934,"gmtModify":1679902200917,"authorId":3581928415543634,"author":{"id":3581928415543634,"idStr":"3581928415543634","authorId":3581928415543634,"name":"Prakesh","avatar":"https://static.tigerbbs.com/272dce0a3de589c50c58378964cc290d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9941061965,"objectIdStr":"9941061965","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"good","text":"good","html":"good","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0,"disclaimerType":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9941061965"}