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Well it's not to the markets now -- if history is any guide for should we sell in May and go -- that old old saying key ports.
Chief investment officer at fifth third.
-- fifteen billion plus -- assets joins us now and keep this in.
Cincinnati -- -- morning in which the market has been down a little bit whether it's you know hangover from Friday or it's the European elections Greece and and in France but how we make money.
Today given that our economy certainly doesn't look as good as maybe it would have looked even a month ago and Europe -- a problem once again or at least a question mark.
Good morning I think up from an investor's point you must like the 2011 condition 2010 condition.
We're off to a good start and stock price movements but I think we're at that stage now -- and asked the question is -- more upside.
We're taking some of our chips off the table were preparing for what may be a choppy summer condition.
And we're gonna wait for lower stock prices down the road to come back into the stock market and that's -- our -- our clients this feels like we're gonna see a third -- rove.
Kind of the selling may go away kind of can -- Over and over this -- -- -- That you know for whatever reason it's true so you're you're telling people that are watching today -- get rid of nothing to -- -- stocks across the board are you but you're saying to pull back a little bit here in -- Yeah it's it's really more of that countless short term technical kind of play we think stocks actually one of the most attractive classes.
That investors can look towards we think stocks for the balance of this decade may give us about beverage returns but as we sit today.
We've had double digit results so far in 2012.
We think maybe Sandra pulled some chips off the table take some profits and get ready -- For another wave in the mark place perhaps in the fall time -- like stocks we actually.
We're a little defense about other candidate -- the Fed does a quick last question what the Fed just -- and belts out again if the economy slows down that'll help stocks or now.
Well you know this fed it's -- an independent -- -- an independent body that it's been heavily influenced we think by the White House.
If we see two or three more labor reports June July August that are weaker than expected.
We anticipate we're gonna see another balance some expansion.
Program another quality -- program and that will likely -- stock prices higher levels -- thank you -- --
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