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That let's bring in Doug -- advocates he says don't let all the concerns over your -- in this on the bull market.
His a 165 billion dollars -- -- management he would -- the last hour in a Fox Business exclusive.
So talk to me here in your very bullish Doug you've always been very bullish but you say that there's too which fear.
When it comes to Europe too much -- when it comes to the us economy.
Charlotte investors need to accept normal volatility to build wealth what we call the risk GAAP.
Investors don't have a knock risky assets with -- working well this year is risky assets if you look at a broad globally diversified portfolio.
We followed ten asset classes and add cream that's thing come through not one cannot attend -- positive for the year through June.
Look at that moment -- market volatility with how these things based on what could happen in Europe I mean what about -- exiting if you look at earnings for the second quarter ending the expectations were so.
Well going in of the second quarter of course companies are gonna be those.
Numbers given -- odds of beating their crushing it we are on that leg.
-- 112 consecutive quarter -- -- current corporate earnings beat Wall Street expectations.
Expectations were near zero this quarter.
Rate now -- now we're up around 7%.
Within about three fifths of the S&P 500 reporting.
Still have catalysts for growth around the world especially emerging markets and they continue to get it done.
You've got an S&P target up 1420 bias I mean -- taken bold to a whole new whole new -- here.
What is your take as a 1425.
You know yet GDP they came in -- percent of jobs report that's probably -- anything spectacular why this number.
Well look -- you gotta be careful about government statistics for one if you really look at the not only got yeah.
The fourth quarter 2011 GDP got revised up from 3% to 4% that's 833%.
Increase -- That that we stay in -- and I think this.
But is supported by a 105 dollars of earnings per share now be an all time record high.
That's why you wanna be inequities all right Doug we're gonna be talking more specifically about that we've seen this solo but I can't take thinking that you for the out mostly just a -- --