Wall Street just had a subdued week due to rising rate worries. But these leveraged ETFs offered more than 10% gains last week.
Many market watchers use above-average CAPE readings as a signal that stocks should underperform or even fall as it reverts back to its long-term mean. But CAPE’s mean doesn’t actually have much pull.
Colin Stewart, Quant Insight Head of Americas, and Jay Hatfield, InfraCap Founder and CEO, join Yahoo Finance Live to discuss the S&P outlook, the Fed, inflation, and yield curves, in addition to commenting on Jamie Dimon's predictions for interest rate hikes.