At Barclays Wealth, Chief Investment Officer Aaron S. Gurwitz sees steady improvements in global economic news and positive surprises in statistics.
He isn’t worried, he says, unless political unrest spreads to a major oil producer. The group also believes that higher interest rates shouldn’t push stocks down and are still months away. There are good buys in U.S. and continental Europe stocks, especially in energy and technology, and price to earnings ratios are lower today than at the start of 2010 because of earnings growth.
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