Barron’s: “Dow Picks Up 35 Points Because Beggars Can’t Be Choosers”

Excerpt from Barron’s latest article quoting DataTrek co-founder Nick Colas:

….. “As we head into the third-quarter earnings preview season, Nicholas Colas, co-founder of DataTrek Research, highlighted this series of numbers–25, 19, 17, 7, and 7–earnings growth rates from the second quarter of 2019 to the fourth quarter of 2019. See the decline? “If you are tempted to complete the series with lower numbers, those would be Q3 and Q4 2019,” Colas said.

Growth is slowing, valuations are high relative to the rest of the world, but there are still places to put money to work. One interesting opportunity lies in the best hedge against volatility: quality”…..

Read the whole article here in Barron’s!