Ryan Lewenza Predictions
Senior Portfolio Manager, Private Client Group, Turner Investments
Track Ryan Lewenza's public market predictions and forecast accuracy. Each prediction is recorded from the date it was published to its estimated deadline, then graded correct or wrong based on the outcome.
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[8:35] Are we going to hit $150 oil? No, I don't think so. And here's why. Because both US and Iran want out of this for different reasons.
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[7:30] I was pricing in one to two cuts this year. That's now completely off the table. I'm now thinking on hold for the rest of the year.
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[11:34] we are still playing for more upside. The economy still um is still chugging along. It's not gang busters, but doing well. The corporate profits, as we talked about, are phenomenal right now. We've got technicals still good. So, we're still playing from the long side.
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[16:14] I have been telling my clients for the last year or so that uh where we believe a big rotation out of US and into Canada into the emerging markets is going to unfold. And it's not a six-month investment. We're talking a multi-year thing for this
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[14:05] commodities go in long-term cycles, roughly about six, seven years. Um, and we think we're in a higher inflationary environment. So, we think the next couple years look good for commodities.
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[17:33] we think value, value stocks, those are that have cheaper valuations, cheaper P and cheaper price to book, which have been overlooked, we think value will then outperform and at the same time, if I'm correct, Canada, emerging markets and other areas will start to outperform
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[23:03] we're just kind of bullish on commodities, bullish on oil prices. Yes, they could pull back um uh short-term if there's a u a sessation of activities, but we're still uh uh bullish on oil prices.
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