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Equities to Head Higher Despite Obstacles?
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PNC Wealth Management Executive V.P. Jim Dunigan on the impact of the economy on the market’s outlook.
- Duration 1:02
- Date Sep 18, 2012
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PNC Wealth Management Executive V.P. Jim Dunigan on the impact of the economy on the market’s outlook.
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Broaden the discussion here -- get to Jim -- a good about.
Actual equities overall you know there are quite a few risks out there not to mention -- you throw -- it.
These questionable moves in the market that the retail investor just can't when that camera.
It's.
Still not -- battle but I think you've seen a broad be bold moves by the Fed last week which shall continue to put a floor under risk assets.
On and I think that's of the significant here is we sort of -- to have the beginning of the end of the growth scare.
We had to December on economic activity CB start to see a pick up an economic economic activity.
The Fed's promise of support you know -- -- I call this the whatever it takes rally.
That people -- begin to go into risk that's it wouldn't fight it you'd say the Fed wants us and equities are doing what it takes -- I think -- on on a longer term view you take a -- into the into the first quarter of next year.
-- markets will continue to be higher.
-- you see some data where the morning with the Fed expands and expands their balance sheet by more than 7%.
Six months later the markets higher and that's likely to happen.