Last quote by Savita Subramanian
Savita Subramanian quotes
Take oil out of the equation. Take the dollar out of the equation. You still have no demand recovery. That's what I worry about.
This is the first time I've felt really worried about the S&P.
But the benefits from stimulus have meaningfully worked their way into these stocks already.
There has been a tremendous trade out of healthcare. It's no longer the loved, hottest sector, valuations are discounting a reasonable amount of risk, and we think that there is a buying opportunity here.
On some levels, there is a big yield grab going on.
Another leg down in oil prices could drive the U.S. market down as well.
Our house view is that we're going to see one rate hike this year; I think the market might be positioned for that, but anything more than that would actually roil the markets, especially in June.