Clues and commentaries on the global prospects for stocks, bonds and alternatives.
Selected Document
Will They Or Won't They?
ClearBridge | October 7,2014

Hersh Cohen offers his opinion on some of the best values in the equity market

  • While market participants are worried about a rise in rates that might derail stocks, other investors are waiting with the hopes of higher rates to provide more income
  • In our opinion the economy is not improving as well as headlines might suggest. For the majority of households, incomes are still below pre-recession levels. The rise in asset prices, while giving a veneer of strength to the economy, has reinforced the perception and reality of a two-tier society
  • Even though the market seems to be pricing in future interest rate increases stocks remain the asset category