JP Morgan’s chief U.S. equity strategist Thomas Lee makes the bullish case for equities. He believes stocks bottomed at 1250 last month and believes the skepticism in the market is “healthy”. Lee says investors are exaggerating the impact of the end of QE and that the continuing economic recovery will override Fed actions. Lee says we are going to rally to 1380 by June and then should end the year “well above” 1400:
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.