Principal’s Shah: Market to Rally Until Powell Speaks

Bloomberg Markets and Finance published this video item, entitled “Principal’s Shah: Market to Rally Until Powell Speaks” – below is their description.

Seema Shah, chief global market strategist at Principal Global Investors, says she doubts the sustainability of the recent equity markets rally driven by investors “ignoring” bearish policy comments from Federal Reserve officials. “I think you need to bring the big guns out. We need (Fed Chair) Powell to come out and speak. So until he speaks I think the market rally can keep going,” Shah says on “Bloomberg Markets: European Close.”

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