Callie is a US Investment Analyst at eToro. She have spent her career in financial services covering stocks, options, fixed income and the economy. Now, Callie helps build a research and content product for a retail brokerage.
Amid the overall market defensiveness, one analyst is suggesting that investor pessimism may be overblown.
Investors can feel the ground kind of shifting underneath their feet, and rate hikes do change the risk/reward equation a little bit. We look at the market, though, and we see a market that's really chewing through this. But whenever we see a market processing moves ahead of time, we think that that could open up the door for more relief rallies once the Fed gets to the point where they actually hike rates.