The Wealth Consulting Group’s Jimmy Lee joins Morning Brief to discuss his outlook on markets as 2024 nears its end.
"One of the healthiest parts of this rally is now we have the value parts of the market participating," he tells Yahoo Finance, noting that investors are broadening out into other sectors, which could drive a "nice little rally" in markets in December as investors grow "hopeful for next year."
Regarding investing opportunities, Lee points to the tech sector (XLK) as "a potential buy on the dip" while cautioning against overexposure and emphasizing the importance of portfolio diversification. He also highlights cyclical sectors, specifically recommending small-cap and international stocks.
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