December rate cut being in question is a headwind for equities, says Evercore's Julian Emmanuel
CNBC Televisionยท2025-11-13 20:25
But your first guest today says don't be deterred. He thinks the S&P 500 will power up next year all the way to 7750. Let's start off a big day with Julian Emanuel, senior managing director of equity, derivatives, quantitative strategy at Evercore ISI.Julian, welcome. One day not a trend make, but do you have a take on what's happening today. >> Well, this is a classic buy the rumor, sell the news.Right. So the market turned last Friday on anticipation of the government reopening and essentially if you look ...