Doc (Richard Postma) joins me today to focus on the US equity markets. For as much as we hear negative comments, the markets are showing some strength recently. Small caps and tech have been leading the way which, in the case of small caps, can be a bullish sign. When we look under the hood we see that share buyback still dominate the demand side but this time it’s because of tax reform and less about low-interest rates. Many things to consider before getting too bullish.
(Audio length 00:15:17)
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