Market pricing in perfection, warns Verdence CIO

The market may be traded at record levels, but Verdence Capital Advisors CIO is worried.

Megan Horneman, who inspected the assets under administration of 4.1 billion dollars, thinks that there is a lot of comfort in the history of US trade on August 1st.

On Monday, CNBC’s “Fast Money”, “This market is perfectly priced.” He said.

In addition to tariff concerns, it lists the uncertainty and excessive procurement conditions related to federal reserve policy as potential issues from technical perspective.

“We saw this once [rate cuts] With the Tariff Perspective, we are not sure what will happen with the fact that we can coincide with the fact that we can see a little valuation correction. “

Horneman is concerned that technical levels point to excessive purchase conditions, including large technology in growth stocks.

“These are the things we think we can upset the rally we see here,” he said.

Despite his short -term warning, Horneman sees himself as a long -term bull and sees them as an opportunity to retreat. Among the best games of market weakness, it lists international stocks.

“I would warn this right now, they are expensive from the valuation perspective [but] I think it can continue. “

To navigate the uncertainty, the basic advice to investors at the moment: Make sure you have been appropriately allocated.

“Fast Money” merchant Guy man, the last market gains that guide the number of retail investors also see the number of concerns.

“In terms of valuation, things won some foam.” He said.

. S&P 500 Last week is closed at record levels every day. While the index is 16% higher in the last three months since the closing of Friday, technology weight Nasdaq It increases 21% in the same period.

– CNBCs Natalie Zhang He contributed to this article.

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