April 4, 2024· 45 min

Why Savita Subramanian Thinks Stocks Can Keep Going Higher

Savita Subramanian

Orality

Model

65%

Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostJoe Weisenthal(1,171 words)

M:28%

HostTracy Alloway(1,394 words)

M:29%

GuestSavita Subramanian(5,093 words)

M:93%

Oral Indicators

Agonistic30%

literally, completely, totally

Engagement76%

you, our, your

Memory Aids100%

listen, now, so

Repetition100%

know (81x), think (76x), like (73x)

Parallelism100%

And I'm Joe Weisenthal...., But the story in my mind of th..., And then all these sort of rat...

Sound Patterns49%

41 question(s), alliteration: "markets move", alliteration: "barclays brief"

Formulaic Phrases9%

at the end of the day, i mean, the way i see it

Literate Indicators

Hedging8%

maybe, could, rather

Passive Voice4%

be worried, is when, be maxed

Abstract Nouns20%

investment, recommendation, optimism

Subordination6%

while, since, because

Sentence Length47%

Avg: 16.7 words/sentence

Word Complexity47%

investment, analyze, anticipate

Academic Markers0%

Impersonal Style24%

642 personal pronouns found

Descriptive Style82%

literally, completely, totally

Description

When Savita Subramanian, head of US equity strategy at Bank of America, raised her outlook for stocks at the end of last year, there was a lot of skepticism that equities could go any higher. The S&P 500 had already surged on expectations that the Federal Reserve would start cutting rates in 2024. And investors were very excited about AI. Then, in early March, she increased her year-end target for the S&P 500 even further, going from 5,000 to 5,400. Fast forward to the start of April, and the rally has continued even as markets ratcheted down their expectations for rate cuts this year. Of course, there are questions about whether investors are getting ahead of themselves and whether things are starting to feel a little frothy. In this episode, Subramanian explains why she thinks stocks can go up even further from here, how she's thinking about valuations, and why we shouldn't be too worried just yet about a repeat of the early 2000s internet bubble. See omnystudio.com/listener for privacy information.

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