Stocks wavered on Wednesday after an unexpected drop in the ADP jobs report. How should investors position their portfolios? Bill Spiropoulos, CEO of CoreStates Capital Advisors, and Dennis Wassung, portfolio manager at Cabot Money Management, shared their insights.
“We continue to climb the wall of worry,” Spiropoulos told CNBC.
“No one believes this thing. And all the [...]
“As bearish as I am, you can’t ignore the fact that there’s a tremendous amount of momentum left in this rally,” Hefty told CNBC.
“Today, we’re making our last buy into the market to be fully invested in anticipation of this next rally forward.”
“But if you don’t have a trigger finger ready to pull, you’re better [...]
Smb Weekly Mar 28
“At the moment, equities everywhere—especially in Europe and to a lesser extent, U.S—is way ahead of what we can see in the real economy in terms of job creation, income growth and so forth,” Hedrick-Wong told CNBC.
“I think we’re going into a period of volatility and a lot of ups and downs, as investors are [...]
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