It looks like the European economy is turning a corner and that is good news for stocks.
More Quotes from Edwin Slaghekke:
I would definitely prefer them to sell it. It's a low-growth business.Edwin Slaghekke
It shows growth for the U. S. economy but also points that the Fed will keep raising rates. Growth is good, but everybody is afraid that the Fed might kill growth if they do hike too much. That is a fear and could be the biggest headwind for equities this year, if it happens.
Edwin Slaghekke
The companies are profiting from these higher prices. This is becoming a familiar picture among energy and mining stocks and we expect it to continue.
Edwin Slaghekke
We have a level of growth now in the world that is low enough for the Fed not to raise interest rates by a lot, but high enough for companies to grow profits in a very good way. Equities are the least over- valued asset class and growth is very decent.
Edwin Slaghekke
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