AUTHOR
Mick Weinstein
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Conservative allocations and under-exposure to equity and growth assets could mean many investors have not fully participated in this year’s equity rally and that there is more fuel for an advance.
Covestor managers discussed 2015 stock picks and economic outlook.
An interesting Q&A in this weekend’s Barron’s with William Hambrecht, whose firm underwrote Google’s unusual dutch auction IPO in 2004.
US inflation is expected to settle in the upper 2% range through 2026, a level historically linked to strong corporate profits and healthy equity market returns, creating a favorable economic backdrop.