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Excerpt from Bloomberg quoting DataTrek's Nick Colas:
..."Nothing is really “cheap” anymore, and while flows will continue to head into cyclical stocks, the latter “will have to prove that their peak earnings power is undamaged if not actually better than before,” Nicholas Colas, co-founder of DataTrek Research, wrote in a note"...
Read the full article here in Bloomberg!
Thousands of investors and financial journalists rely on Nick and Jessica’s newsletter every day for their thought-provoking work on markets, data and disruption. See why for yourself by starting a 2-week FREE trial below.
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