Power Players with Brian Sozzi1 Jul 2024

Market can keep climbing this 'wall of worry': Bradesco BBI's Ben Laidler

Ask most investors and they'll say they've had a great year. The S&P 500 is up double-digits. Nvidia’s stock has captivated the masses amid its epic gains, and corporate profits continue to rock as the economy chugs along. Some would even argue the stock market is in melt-up mode, and could continue with those vibes for a while barring a heavy dose of cold water. The bulls may be ignoring a large bucket slowly starting to pour out cold water, however, in the form of a heated presidential contest between President Joe Biden and former President Donald Trump. The outcome of the election could have major ramifications for sectors like autos to an average American seeking to keep their taxes low. So how does one prepare their wealth to head into this eye of the storm? Yahoo Finance Executive Editor Editor Brian Sozzi sits down with Bradesco BBI head of equity strategy Ben Laidler. Ben says "the pillars of this bull market are not dependent on the politics". 00:00-Ben Laidler on Opening Bid 2:00-Has the market accepted Trump? 8:15-China and global market analysis 13:00-Nvidia and tech 16:20-Market FOMO (fear of missing out) Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky. Ben Laidler is Bradesco BBI's head of equity strategy. Learn more about your ad choices. Visit megaphone.fm/adchoices

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