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Ditch cyclical for tech, health-care stocks going into 'weaker' 2019: Credit SuisseThe stock market is headed higher but investors should make some changes in their portfolios to accommodate shifts in the landscape, says Credit Suisse's Jonathan Golub. Pardon my ignorance but if we're going into a downward cycle then why would tech or healthcare do well? They're two expensive products, and one would imagine people would have a harder time making big purchases during a recession.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »
Credit Suisse strategist shares his top concern about current market conditions'The revenues are knock-the-lights-out good, [but] the margins are horrifically bad, based on Wall Street consensus expectations,' Credit Suisse's Jonathan Golub says. Whatever Credit Suisse says, the opposite happens. That's 3 people in 24 hours. How many more will it take
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »