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Compiling comments that experts make about stocks while on public TV.

2017-04-20

General Comment by Mark Grammer

Bias Subject Owned
BULLISH on GLOBAL STOCKS GLOBAL _N/A

US Fed Monetary Policy.  There is concern we might be heading to an inverted yield curve (indicating we are headed for a recession).  We are not yet seeing that.  The bond market is projecting the growth rate is not as robust as the Fed feels.  He would be very surprised if we did not get two more rate rises this year, but they would not impact the 2 and 10 year yields.  We need to get interest rates normalized.

Mark Grammer
Managing Dir. & Portfolio Manager, Gluskin Sheff & Associates

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