Market bull who predicted herd immunity by Independence Day: 'Maybe we weren't optimistic enough'

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Market bull who predicted herd immunity by Independence Day: 'Maybe we weren't optimistic enough' (via TradingNation)

" the backdrop strengthens his call for the economy to normalize faster than consensus.

"Maybe we weren't optimistic enough when I talked to you earlier in the year," Orlando said on Tuesday. "These vaccines are working. The rollout is working, and if we can continue along this path, we will achieve herd immunity over the summer." , Orlando predicted the economy would open months earlier than Wall Street expected. He acknowledges his forecast was "a little aggressive." But, he sees evidence it's being embraced., has taken their first-quarter GDP estimate up to 10% on the basis of developments over the last couple of months," said Orlando. "And, a lot of Wall Street economists have taken full-year GDP up to numbers north of 6%.

Orlando, who oversees more than $619 billion in assets, believes economically sensitive stocks will outperform growth and big tech plays this year. He particularly likes domestic large-cap value,

 

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TradingNation Funny cause here in the land of free we have many people who dont wanna get vaccinated. This reopening will take way longer then we hope or think. And then there is fear for new strains and ofc we are lazy. Watching movies at home is great.

TradingNation I don’t know why I feel so dirty every time somebody says herd immunity

TradingNation If we didn't do the widespread lockdowns we would have had it months ago. All we needed to do was shelter the vulnerable.

TradingNation good luck

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