Empower's Norton: Market will grind forward as earnings cool, 'normalize' into '27

Podcast: Money Life with Chuck Jaffe · Chuck Jaffe

Opublikowano: 2026-10-12

Marta Norton, chief investment strategist at Empower, expects a "grind it out" market for the rest of the year, setting up for "normalization" on earnings that keeps markets moving forward but at a slower pace in 2027. Norton says there is "less of a margin of safety" for valuation and for fundamentals, "which doesn't necessarily mean the market sells off, but it means maybe some of the momentum disappears." Norton also discusses rising fixed-income yields; she doesn't expect them to keep pushing higher, but just to stay near current levels for longer, raising costs of borrowing and making the growth...