I don't think we end the year 'any better than we are right now', says Stifel's Barry Bannister

Barry Bannister, Stifel chief equity strategist, joins 'Squawk Box' to discuss the latest market trends, where the market is headed for the rest of the year, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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[@patrickbrussels4454]

During significant crises like the Great Depression, I used to think that everyone experienced bankruptcy, but that wasn't the case. Some individuals actually made millions. Similarly, I assumed that all businesses closed during such times, but some individuals started new ventures. It all comes down to one's perspective. There will always be periods of prosperity for some and times of economic downturn or recession for others. My primary concern now is how we can generate more income during challenging times. I can't bear the thought of watching my life savings of $200k disappear.

[@jessicasquire]

I used to find working with spreadsheets quite time-consuming and unnecessary. Instead, I would simply deposit a lump sum of money into my savings account every month and keep my spending money in a separate account, aiming to minimize expenses as much as possible.

[@Lemariecooper]

There are numerous opportunities to generate high returns during a crisis, but it is advisable to engage the guidance of a financial market expert when pursuing such trades.

[@Erikkurilla01]

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[@patrickbrussels4454]

@@Erikkurilla01 Indeed, it is true that valuable information can lead us to accumulate wealth. I've come across many individuals who have made substantial fortunes during events like the Dotcom crash and the 2008 financial crisis. As I explore potential opportunities in the current market, I'm curious if the investment advisor who guides you could provide assistance in this regard.

[@Erikkurilla01]

@@patrickbrussels4454 Certainly, you can utilize a search engine to search for *STEPHANIE KOPP MEEKS* . However, I'm unsure if I should delve into this topic. Back in 2020, she garnered considerable attention. She currently oversees my portfolio and acts as my mentor.

[@craigrussell2045]

These are fantastic takes, the secret to wealth is saving for a better investment. I feel exceptionally lucky I started investing in my early 40s and compounded my income to create more cash flow. I grew to a 7 figure well-diversified portfolio having exposure to different prolific investments mainly stocks, bonds and high yield dividend funds. I'm forever grateful to Trisha Jean Webb my F.A... Now house and cars all paid off and no other debt.

[@RandyPelletier]

I started investing a little while ago and I've come to realize that nothing beats first hand experience.

[@lucyAngletont]

I wonder what the best opportunities to invest now are, there are opinions but a little later I find out these opinions don't matter as a totally different turn of events play out with the stocks they discussed therein...

[@CliffWarrensmith]

I did look up your FA and I'm impressed with the reviews, very remarkable and transparent with solid accreditation. I hope she is open to assist me.

[@alexkane8]

Wow this guy has a crystal ball, he can predict month by month what is going to happen to the market, must be making a billion this year!

[@joesmith3590]

Lol this dude is very specific. If he could guess that good he wouldn’t need to go on CNBC still lol.

[@simrans3675]

And you know the future?

[@larsnystrom6698]

@joesmith3590 If CNBC had guys such as these on more often, we might start listen to them. But of course, that's just because he confirms the beliefs I already had. I have to fight to force myself staying invested in times of "irrational exuberance", to ride the market up.

[@simrans3675]

@@larsnystrom6698 No new highs till 2026 is kind of in line with my thesis as well. I am slightly optimistic - 2025 is when I think we can get new highs. Markets wont crash like crazy but we likely remain range bound for some time and then start grinding back up 12-18 months out

[@bookishvictor6029]

Drifting into the trading world without the help of a professional trader and expecting profits is like turning water into wine, you would need a miracle, that's why i trade with Sandra sophia , her skills set is exceptional.

[@justinmelody257]

she's definitely the best. She keeps surprising me with results. We are planning on surprising her too. You must have heard about that.

[@venduzimakanakie4302]

Having Crypto Assets and not being able to Profits out of them can be very frustrating. Big thanks to Sandra sophia , I make hu ge Profits Trading with her weekly.

[@johnkennedywilliams640]

I think she trades for everybody I know. Met her twice at a conference in Germany, after her lecture I had to personally beg her to be my Finacial Advicer. I celebrate her strong feet.

[@mariadominic9759]

I also make huge profits in stock market by trading with her weekly, her consistency is crazy

[@tracyrose8276]

I haven't seen anyone so determined to make her clients profits as Sandra . How she allows you express your fears and still calms your fears is something I admire about her. I don't usually comment on videos but I must put the word out there. She's really great.

[@publicspeaker3086]

I like Barry. Straight shooter.

[@bigsidable]

Investing is like gardening. Got to start with good soil. ( Good market). Have good seeds.( Good Company). Plant more than you need. ( Diversify). Water and add Fertilizer. ( Buy on Dips). Trim plants for strong growth. ( Sell at highs ). Trim and prune plant for better production. ( Sell Laggards and add on to Runners at dips). Hold till doubles in price ( Sell half or 3/4 of Position.). Enjoy your harvest. And keep out weeds and bad plants. ( get rid of bad companies).

[@dougmanzo9648]

I would have to assume they never have this guy on again spot on matter of fact, for sure

[@ltmsimply]

😢.I like the way he talks about the future markets as he knows…

[@goneviral8814]

Finally someone wise on the news

[@nightknight9415]

Oh Barry, we'll pass the old 4800 high in INX long before 2026! We'll also finish the year above 4400...

[@Calaber24p]

His point is in real terms even if we hit $4400, we would need to be at $5250 to beat past highs.

[@fengzheng581]

When you try to predicate so specifically, either you have a crystal ball or you are just bullshitting. We all know that no one has crystal ball, so his message is the latter. LOL.

[@toddfarkman2177]

Or you can just listen to what he's saying and have your own opinion. With the stock market there is no crystal ball because it's mass psychology. Or mass hysteria is better. Who knows what will happen, but like he said, he's just going on the economics of what SHOULD happen.

[@keto6789]

Sell big tech winners ......and buy stuff that will return 1% to 3% a year .....

[@mrx2062]

For longterm investing it is quite irrelevant where the S&P500 stands at the end of the year.

[@alannamichellepaulino8429]

Libing mande money medico yo no se nadie pagaban doblage

[@supermash1]

You know what? NONE of these financial guys know what the stock market will look like 3 months out let alone 5 years. All this "market talk" is hot air.

[@keto6789]

Haha this guys been saying this for 5 years now.....

[@jaym9846]

AI is Smart. AI will find a way to take markets to new Christmas highs.

[@nightknight9415]

Too bad that Barry hasn't spent enough time studying market history... I'll bet him as much as he can afford, that we finish the year above 4400 on INX.

[@swedesam]

Seems like a balanced take on this insanity.