Holly Newman Kroft, Senior Wealth Advisor, joined CNBC's "Squawk on the Street" with Sara Eisen and Carl Quintanilla to talk through what's driving markets right now and what she's watching next.
Stocks continue to reach new highs, supported by second quarter earnings that came in stronger and broader than expected. At the same time, inflation remains above the Fed's 2% target, job growth has cooled, and the conflict in the Middle East continues to keep oil and pump prices in focus. That's especially relevant heading into the midterms, where affordability has emerged as the defining issue for voters. While there is likely more volatility ahead, it doesn't seem like a warning sign or a signal of recession. Holly's view: this bull market still has room to run, even as the risks beneath it build, which is a case for staying cautiously optimistic, not complacent.
Her larger point, as always, is the one that matters most. A portfolio's job isn't only to perform. It needs to be built to weather volatility and protect on the downside, so it holds up when uncertainty hits, not just when markets cooperate.
INSIGHTS
CIO Notebook: Softer Payrolls Ease the Pressure While Inflation Looms Large
MARKET COMMENTARY
Markets Wrestle With AI’s Next Phase
REPLAY
Neuberger Wealth Investment Outlook 3Q26
INSIGHTS
CIO Notebook: Fed Holds Steady, Sets the Stage for a September Showdown
INSIGHTS
Energy Beyond the Crisis: Seven Themes to Watch
INSIGHTS
Private Credit: An Emerging Silver Lining
INSIGHTS
Political Outlook: If You Feel Exhausted Now…
INSIGHTS
Clients Are Asking: The Estate and Gift Exemption, Charitable Contribution Limits and More
INSIGHTS
Sustaining Effective Stewardship of Family Capital
INSIGHTS
Market Outlook: Rallying Through Resistance
MUNICIPAL BASIS POINTS
Smart Shopping: Focusing on Yield and Selection in a Mixed Environment
VIDEO
Holly Newman Kroft Featured on CNBC’s Squawk on the Street July 20, 2026
Accolades
Barron’s Top 100 Women Financial Advisors for 2026
IMPORTANT INFORMATION:
Third-party media content is being redistributed with permission and may not be redistributed without the publisher's consent. This material is presented solely for informational purposes and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment or strategy is suitable for a particular investor. Any views or opinions expressed may not reflect those of the firm as a whole. All information is current as of the date of this material, unless otherwise noted, and is subject to change without notice. Neuberger Berman products and services may not be available in all jurisdictions or to all client types. Diversification does not guarantee profit or protect against loss in declining markets. Investing entails risks, including possible loss of principal. Past performance is no guarantee of future results.
Portfolio positioning views expressed herein may include those of Neuberger Asset Allocation Committee, Neuberger’s Wealth Investment Group or individual Neuberger Wealth advisors. Asset allocation and positioning views are based on a hypothetical reference portfolio. The positioning views of the Asset Allocation Committee, the Wealth Investment Group and Wealth advisors may not reflect the views of the firm as a whole and Neuberger Wealth advisors and portfolio managers may take contrary positions to the views expressed. The Asset Allocation Committee, Wealth Investment Group or Wealth advisor views do not constitute a prediction or projection of future events or future market behavior. Defensive positioning generally means an underweight bias on allocations to risk assets such as equities and alternatives. Positioning views may change over time without notice and actual client positioning may vary significantly. Discussion of yield characteristics or total returns of different asset classes are for illustrative purposes only. Asset classes such as equities and fixed income may have significantly different overall risk-return characteristics, which should be considered before investing. Client accounts are individually managed and may vary significantly from portfolio positioning views discussed. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable.
The information in this material may contain projections, market outlooks or other forward-looking statements regarding future events, including economic, asset class and market outlooks or expectations, and is only current as of the date indicated. There is no assurance that such events, outlook and expectations will be achieved, and actual results may be significantly different than that shown here.
Neuberger Berman Investment Advisers LLC is a registered investment adviser. The “Neuberger” name and logos are service marks of Neuberger Berman Group LLC.