Markets Media: “DataTrek Remains Bullish on Stocks After 2019 Performance”
By admin_45 in IN THE NEWS
Excerpt from Markets Media quoting DataTrek's Nick Colas:
.... "In a recent research note, DataTrek co-founder Nicholas Colas, who has been somewhat of a stock bull throughout 2019, remains keen on the sector after its stellar performance last year.
“We like US stocks most (expected total return of 12%), followed by Emerging Markets and EAFE stocks last,” Colas wrote in his note. “We believe 10-year Treasury rates will climb modestly and end the year at 2.3%. The dollar will weaken, growth (Tech, mostly) will outperform, and the Fed will keep rates unchanged but increase its balance sheet. Where we could be wrong: corporate debt levels are high and global consumer confidence is stagnant. Any shock will be hard to repair quickly"....
Read the full article here in Markets Media!
