First Call - December 1, 2024 - Why Bonds Are Stealing the Spotlight

The tastylive network

The discussion, led by Victor Jones and Tom Sosnoff, primarily focuses on recent market movements and forecasts, emphasizing the performance of bonds and the current equities landscape. Sosnoff notes a strong bias towards bonds recently, citing them as a safe play to pay off losses elsewhere, while expressing skepticism towards stocks like Nvidia and Target. They also discuss macroeconomic concerns, including tariffs and potential catalysts for market shifts, highlighting a cautious outlook due to current elevated valuations.