$8 Billion Asset Manager: US Stock Market Could Hit an All-Time High in 2019

2019-2-27 14:20

Stocks in the US could be about to hit a new all-time high, according to an $8 billion asset manager who believes getting there won’t come without any trouble, although in the short run the stock market is “as good as it gets.

” Speaking during CNBC’s “Trading Nation,” Avalon Advisors’ chief investment officer Bill Stone revealed he expects a near-term pullback to hit the stock market, backing his reasoning with the recent rally’s “torrid pace. ” Per his words, the rebound the market has been seeing “ranks as the strongest non-recession rebound in the first sixty days. ” Taking this into account,

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Источник: ccn.com

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