Get Breaking Alerts on Stocks Before The Mainstream Media

Stay informed of the biggest news on stocks so you can react before 90% of retail investors.
Email address
We guarantee you to keep your privacy
Connect with us
Financial Press
key-words:-‘the-biggest-stimulus-plan-ever-known-to-man’-is-coming,-strategist-says-—-here-are-two-ways-to-play-it
key-words:-‘the-biggest-stimulus-plan-ever-known-to-man’-is-coming,-strategist-says-—-here-are-two-ways-to-play-it

Breaking

Key Words: ‘The biggest stimulus plan ever known to man’ is coming, strategist says — here are two ways to play it

Key Words



Paramount/Courtesy Everett Collection


‘If you were a hedge fund and you had a six-week outlook, I would be pretty cautious here… But if we look beyond this toward next year, all these risks fade away.’

That’s Credit Suisse U.S. equity strategist Jonathan Golub in a Bloomberg TV interview on Thursday, waxing bullish on the coming year thanks to “the biggest stimulus plan ever known to man.”

And what is that plan, exactly?

The reopening of the global economy, which, Golub says, will send a bullish charge through the stock market, and help boost two “obscenely cheap” sectors, in particular: health care and financials.

Get Breaking Stock Alerts

Stay informed of the biggest news on stocks so you can react before 90% of retail investors.
Email address
We are Spam free & Secure 🙂

“Those are going to be your two best sectors in the year ahead,” he said, adding that the backdrop for investors is “extremely positive.” Watch the full interview:

“Extremely positive” might be overstating what investors were seeing in Thursday’s trading action, but stocks were nevertheless moving nicely higher, with the Dow Jones Industrial Average
DJIA,
+0.49%

up triple digits. The S&P 500
SPX,
+0.58%

and the tech-heavy Nasdaq Composite
COMP,
+0.84%

were also in rally mode.

Written By

Click to comment

Leave a Reply

Your email address will not be published.

Related Articles

Breaking

A Washington state rancher has been sentenced to 11 years in prison for a nearly quarter-billion-dollar ripoff of Tyson Foods Inc. TSN, -1.94% in...

Breaking

The Federal Reserve has been showing no signs of letting up on aggressive rate hikes, even as its policies fuel carnage for the ages...

Breaking

Elon Musk’s satellite internet company, Starlink, will help provide broadband internet access to people in Florida affected by Hurricane Ian. Florida governor Ron DeSantis,...

Breaking

With multiple cracks emerging in global financial markets, the Federal Reserve may be forced to end its aggressive rate hikes “when something breaks” and...

Get Breaking Stock Alerts

Stay informed of the biggest news on stocks so you can react before 90% of retail investors.
Email address
We are Spam free & Secure :)

Get Breaking Stock Alerts

Email address

Get Breaking Stock Alerts

Stay informed of the biggest news on stocks so you can react before 90% of retail investors.
Email address