If there is one undervalued idea today, it is the idea the global economy can grow in a sustained, prosperous fashion.
It has been so long since the world economy was working on all cylinders, that there is still a deep distrust in the viability of the major economies, including the US. But I think there is a chance we will have at least five years-plus of healthy economic growth. Industry Voice: Where are the opportunities in US Equities? Equities are behaving as if we are coming out of a profit recession, and in fact, that is true. Since December 2016, the year-over-year rate of improvement in corporate fundamentals has been accelerating. There are two real risks for equities. One is the end...
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