PINS - Upside/Downside Tug Of War
2024-03-27 14:15:00 ET
Summary
- Amrita Roy is neutral on the S&P 500, citing no material downward revision to earnings and the expectation of higher interest rates due to reaccelerating inflation.
- She is bullish on India and emerging markets in general, as global capital inflows are shifting towards these regions.
- Roy sees opportunities in AI beneficiaries such as cybersecurity, DevSecOps, and consumer tech.
Listen here or on the go via Apple and Spotify .
Amrita Roy, The Pragmatic Optimist, joins Rob Isbitts to discuss why she's neutral on S&P 500 right now (2:25). Short-term interest rates have peaked, long-term rates should normalize; bullish on (TLT) (6:15). Macro investing, equity selection: Zscaler, GitLab, and Pinterest (17:40).
Transcript
Rob Isbitts: Rob Isbitts here on the other side of the microphone as they say. You've heard me interviewed by the amazing Rena Sherbill from Seeking Alpha before. I am going to be asking the questions this time.
So today, I am with Amrita Roy . Amrita is known by her own name on Seeking Alpha. She also has a very strong and growing following on the Substack platform as The Pragmatic Optimist.
Frankly, I chose to interview Amrita because I think she is one of many under the radar talents that have come to the Seeking Alpha landscape. Away we go. Amrita Roy, welcome to Investing Experts Podcast and Seeking Alpha.
Amrita Roy: Thank you so much for having me. I am very excited.
RI : Great. Me too, because we've had a chance to talk a couple of times leading up to this, but let's head right into it. There's a lot we're going to cover and we're going to try to cover it in fairly short order....
Upside/Downside Tug Of War