On CNBC’s “Halftime Report Final Trades,” Liz Young of BNY Mellon Investment Management chose cash. Young said, “I would sit on the sidelines, wait this out, especially past the Fed meeting.” She added that this was “not a time to chase it around.”
Young further mentioned that the second half of the year could be better, relative to the first half. “But it’s not going to happen early in the second half. We might need to get through July,” she warned.
