Weighing in on the markets from investment firm Oppenheimer, chief investment strategist John Stoltzfus believes that despite rough conditions, the market has more fuel left in the tank. Remaining “very bullish on this market,” Stoltzfus’ stance is supported by the fact that trillions of dollars are sitting on the sidelines, as well as the hope that the U.S. will be able to tame the beast that is COVID-19. “You’re going to see money beginning to further move out of the bond market, and it makes all the sense in the world to be positioned in equities,” the strategist noted.Stoltzfus acknowledges …read more
Source:: Yahoo Finance