Vincent Reinhart, chief economist and macro strategist at Mellon said in the Big Interview that between tariff problems and economic issues in Europe, investors must wait for the second half of the year for solid growth. That said, economic growth will be sufficient to avoid recession but not enough to satisfy investors who want to see more global expansion. Also, Adam Grimes of Talon Advisors suggested that investors should be long in stocks, while expecting a bear market to arrive in six to nine months, and David Brady of Brady Investment Counsel discussed large-cap growth investments in the Market Call.
Money Life with Chuck Jaffe