Chetouane: 'Bullish' on U.S. Equity Markets, But Signs of 'Weakening'
Description
Mabrouk Chetouane says he's seeing some signs of weakening in the U.S. equity markets, expecting less growth and says investors should be careful. He says the government shutdown complicates his analysis as there's been a lack of economic data to track over the last several weeks. Mabrouk dissects the health of the U.S. financials, saying he's bullish on the "big banks" but says he's still taking a cautious approach on the overall group. He later adds commentary on elevated interest rates and what impact it has on the rest of the economy, including the surge in gold prices.
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