David Bianco on Bear market

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Last quote by David Bianco on Bear market

We think the market is under appreciating the likely big boost to S&P EPS from a lower corporate tax rate and the boost to bank profits from rising yields (and lower pension expense) and the much higher chance now of a long-lasting economic expansion that rivals the 10-year U.S. record. We're more confident now that the S&P will reach 2,500 in 2018 before suffering its next bear market.feedback
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Nov 21 2016
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