In this segment of bull versus super bull, Richard Bernstein of Richard Bernstein Advisors takes on Robert Albertson of Sandler O’Neill. Bernstein says we are experiencing one of the great profit booms in the history of the USA. He is very bullish about the USA, but is increasingly concerned about the emerging markets. He says investors could get hurt in emerging markets over the coming 12 months.
Albertson says we are set for a period of muddle through, but that a strong international economy will be bullish for stocks. He is not as concerned about emerging markets as Bernstein is. Albertson is very bullish on American banks as he believes lending will pick up.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.