U.S. market has plenty of stocks that haven't participated in the rally: Federated Hermes' Auth
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Steve Auth, CIO of equities at Federated Hermes, discussed the current state of the U.S. stock market, noting that many stocks have not participated in the recent rally.
February 18, 2025 | 7:45 pm
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Federated Hermes' CIO of equities, Steve Auth, commented on the U.S. stock market, indicating that many stocks have not joined the recent rally. This insight could influence investor perception of Federated Hermes' market strategies.
Steve Auth's comments reflect Federated Hermes' market outlook, which may affect investor sentiment towards FHI. However, the direct impact on FHI's stock price is uncertain as the comments are more about market conditions than company-specific news.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80