Global fundamentals justify further rise in S&P 500

Discussion in 'Wall St. News' started by ASusilovic, Jul 25, 2011.

  1. “Having Europe on board with the recovery certainly helps, but I do think we can carry on if it’s not,” Jack Ablin, who oversees $55 billion as chief investment officer for Chicago- based Harris Private Bank, said in a July 20 phone interview. “It seems the on-the-ground analysts are right. They’re inside, they’re talking to companies, and they’re doing it in a way that they’re able to ignore a lot of these daunting headlines, and seeing that the fundamentals are still going to be there.”