Wednesday, February 27, 2019

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

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,

The post $8 Billion Asset Manager: US Stock Market Could Hit an All-Time High in 2019 appeared first on CCN



source https://www.ccn.com/us-stock-market-all-time-high-2019

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