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Nuveen Asset Management - Economic Slowdown has Not Weakened Share Prices

Posted by Gabriel Burczyk | Founder & CEO
April 29, 2013


Bob Doll, Chief Equity Strategist at Nuveen Asset Management, comments on the recent economic slowdown and what it could me for equities. “U.S. equities rebounded last week as the S&P 500 increased by nearly 1.8%, despite continued weak economic data. We believe recent data is not yet weak enough to change forecasts. The relative stability of data and forecasts - supported by stimulative monetary policies, an improving U.S. housing market and fading political polarization in the U.S. and Europe - sends a message of reasonably low volatility and manageable downside risks.”

 

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