Morning Stock Talk - Lieberman: The bull will have years to roam
"We have years of gains in the stock market ahead of us," says Chuck Liebermen, chief investment officer at Advisors Capital Management. Lieberman tells Andrew O'Day "The damage done to the market by the credit crisis was so traumatic, there was a lot of room for a very strong rebound as we've seen over the last eight weeks, but stock values are still on the low side so I think we have lots of room on the upside." He says today's employment news "suggests that perhaps the pace of decline in the economy is slowing. I would characterize that as one more green shoot as part of a constellation of green shoots suggesting the economy is turning." Download this Podcast (Duration: 00:09:07, Format: *.MP3) Dow Jones' MarketWatch Morning Stock Talk discusses the big stock movers, economic data and investment trends with Wall Street's top analysts, strategists and traders. Hear about what's driving the stock market from those in the know.. |