Jeffrey Kleintop – Charles Schwab
Are Stocks Taking a GAP Year?
Summary: Global stock markets have struggled to overcome concerns regarding global growth, trade agreements, and monetary policy changes. Kleintop believes that the concerns holding investors back during the first quarter will start to fade through the rest of the year. Global growth should rebound in Q2, which means that fallout related to trade negotiations will likely be overcome by rising world trade growth, and fears related to monetary tightening can be overcome by a boost from fiscal reforms.