We think stocks are going to continue to deliver over the next several years — high single digits or better returns...
The real key here is that we have an economy that is healthy and creating a ton of jobs...
I think the feeling among investors is anything that causes any near-term pain is inherently bad, but it’s very possible that as a result of this [trade war] we’d end up with more open access to Chinese markets in the long run, and a better situation for intellectual rights.
And if those are the outcomes, then yes, this will increase volatility for a period of time, but it’s possible the results here are positive ones.
I think all the people who are waiting to buy on a dip this year, a lot of them waited too long. The market is very attractively valued, and the economy is in good shape and corporate profits were fine.
~ Jonathan Golub, chief U.S. equity strategist, Credit Suisse, "One of Wall Street’s biggest bulls is looking well past the trade drama," MarketWatch.com, May 7, 2019
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