Markets are priced to perfection, says Capital Wealth's Kevin Simpson

Kevin Simpson, Capital Wealth Planning founder and CIO, joins 'Closing Bell' to discuss whether the rally will stall or head higher from here. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
» Subscribe to CNBC TV: cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: cnb.cx/SubscribeCNBC
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC on Threads: cnb.cx/threads
Follow CNBC News on X: cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: cnb.cx/WhatsAppCNBC
www.cnbc.com/select/best-cred...
#CNBC
#CNBCTV

[@Mariagreta-gv9le]

The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

[@danutalucia]

Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

[@mayalucia-]

You have a very valid point, . Initially, I began investing independently and experienced significant losses in the market for a considerable period. However, I eventually made the decision to engage the services of a financial expert, despite my initial skepticism. Surprisingly, I managed to outperform the market by over 9%. At first, I considered it a stroke of luck, but this success repeated itself for two consecutive years. As a result, I have since continued to rely on investing through a financial expert.

[@RomeroCarmen-4]

Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

[@mayalucia-]

Not to blow her trumpet, but Svetlana Sarkisian Chowdhury is exceptional in navigating tough markets. She has been planner ever since we met in London global economy conference. she's verifiable , so you could just search her and book an apointment. good luck!

[@SofiaDiego-]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@WillPerry-b7r]

*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Laura, and her helpful guides*

[@WillPerry-b7r]

The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.

[@NoraBrown-vt2gt]

I know Laura, she has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of lives.

[@NoraBrown-vt2gt]

You're right! The very first time I tried, I invested $2000 and after a week, I received $8,400. That really helped us a lot to pay up our bills

[@SaviourUmo]

Interesting! But I'm new here. How can I get to this person's guidelines??

[@WillPerry-b7r]

SHE IS ON TELEGRAMs

[@LoriR.Wilson-uo8sh]

My husband and I were fortunate enough to be able to pay off our mortgage early. We were both still working, and took the payment amount that we had been using to pay off our mortgage faster and we put it straight into investments. We were able to retire early because of almost 7 years of putting away what would have been our mortgage payment as well as maxing out our 401K/403B plans. Thankfully we were taught by both of our parents the value of living within our means. Thank you for your advice. I know it will help people. we are interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?

[@AnissaT.Roller]

Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

[@GeraldE.Meehan]

Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.

[@user-xt4qk9yt3k]

How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

[@GeraldE.Meehan]

Deborah Lynn Dilling is the licensed advisor I use.Just research the name. You'd find necessary details to work with to set up an appointment

[@user-qq5fy4nh8v]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@MelindaMatsuda]

I think it's important to stick to stocks that are immune to economic policies. AI stocks that have the potential to power and transform future technologies. It seems AI is the trajectory most companies are taking, including even established FAANG companies. Maybe there are other recommendations?

[@ShellyHuerta]

I bought into NVIDIA around September last year because my financial advisor recommended it to me. She said the company is selling shovels in a gold rush. It accounted for almost 80% of my market return this year.

[@elegboozioma7267]

@@ShellyHuerta That's a great analogy and I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trends that are difficult for the untrained eyes to see.

[@MelindaMatsuda]

@@elegboozioma7267 That's a great tip. I'm setting out 50k to invest in the market this year. Any particularly useful tips you could offer to me?

[@elegboozioma7267]

@@MelindaMatsuda Victoria Carmen Santaella is the licensed coach I use. Just research the name. You'll find the necessary details to work with a correspondence to set up an appointment.

[@MelindaMatsuda]

@@elegboozioma7267 I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

[@kortyEdna825]

The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.

[@KaurKhangura]

Just buy and invest in Gold or other reliable stock , the government has failed us and we cant keep living like this.

[@carssimplified2195]

Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.

[@NicholasHarmon-ow3jl]

I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance

[@carssimplified2195]

My CFA ‘’Aileen Gertrude Tippy” , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@NicholasHarmon-ow3jl]

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

[@BillShockley-z2x]

The blockchain technology behind Bitcoin is innovative and complex.

[@jeffcann9159]

We are at peak euphoria now.

[@moonlambo-mf2tw]

the btc is the lambo with moon eyes

[@PeterParker-wj3cr]

Yup! Priced to perfection. Or at the very least. There is, no negative news currently priced in. We are do for a pull back. The only question is. What will precipitate that crash or correction?

[@prolific1518]

The establishment realizing they have no chance in the November election

[@PeterParker-wj3cr]

@@prolific1518 huh?

[@keto6789]

Funny, my portfolio is not "range bound" since February. I'm up a LOT!!

[@keithb372]

It's time to take profit.

[@DONKALLSONG]

There is plenty of interesting companies if you look outside of big tech

[@787UrbanApparel]

The Market is PawnShop !!?!? ... you are better off buying scratch Up lottery from your local gas pumper . 😂😂😂

You obviously buy scratch off tickets as an investment and you're poor.

[@prolific1518]

You're obviously poor if you think a bubble is beneficial

[@787UrbanApparel]

ChatGPT says is a pawnshop operation ... I look at the diagrams ; identical . 😂😂😂 Identical business model ...

[@Mr.Eeeeeeeee]

Not even close bud. Companies tightened their belt in 2021-2022 and we’ve had rolling recessions since. This industrial revolution will continue for many years. The bull market just got started. Wait until ridiculous money losing companies skyrocket and IPOs come back. We are not close to the peak.

[@prolific1518]

Industrial revolution 🤣🤣🤣 it's easier to fool someone than convince them they've been fooled. Thank you for the shining example.

[@Mr.Eeeeeeeee]

@@prolific1518 Yes keep laughing. Been investing for 25 years and I have never been this excited. 50 years old and retired. You should try it.

[@jimbochoo3316]

S&P 500 has a PE of 29. Stocks have not been this expensive since 1999 right before DOT COM bubble burst for 3 years straight. The forward earnings in no way justify how expensive stocks are today. It will crash between now and sometime in 2025 when reality sets in.

[@Mr.Eeeeeeeee]

@@jimbochoo3316 blah blah blah. I love people who think they can predict short term movements. Market already crashed two years ago buddy. Did you load up since then? No. You were probably sitting on cash screaming the market would continue to drop and missed the 40% run up since.

[@blockvibez284]

short cover goon

[@Optimised7]

I’d like to invest in Coke and Pepsi, is that still good?

[@keithb372]

No, invest in CAVA.

[@user-qp9so2zo1z]

Yes and now it’s time to throw 6 trillion into the underbought sectors

[@Glimmer-t44]

Testing

[@2023gainer]

EV sector plugged up for more charge. Zapp up 49 % Friday. ChargePoint and Evgo rising another 10 %.. FSRNQ.. Fisker climbed 7 %..Plug up 5 %... Moving towards 17 million record EV sales in 2024.

[@alphar9539]

Definitely we are priced for perfection. Slowing growth bringing Fed cuts even as forecasted earnings are rising?

[@prolific1518]

What earnings are rising? Expectations are 6%. Market growth has been all about p/e expansion. Nothing to do with actual earnings growth from 5 companies.

[@jhull5870]

Volatility?? The VIX is at an almost five year low.